Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
We've got some really bullish news here. The founder of Kadano,
Charles Hoskinson, and the CEO of Ripple, Brad Garlinghouse, are
potentially working together to try and push the cryptocurrency industry
forward and to help with the Trump administration in some
sort of way, some sort of capacity that isn't quite
clear yet, but they'll be trying to help lay the
(00:20):
groundwork to make the u United States of America the
cryptocurrency capital of the planet. Hey everyone, I'm Peter buy
If this is your first time here, welcome to the
Learned Candana podcast. Here that thumbs up, subscribe notification bell
on your way in. Let's get into the details here.
This is the post here at Brad glling House did
talk to Charles and it looks like they are potentially
(00:43):
collaborating here to try and bring that the cryptocurrency space
back onto a level playing field and putting the groundwork
in in regards to regulation. Now, this all came about
after an apology from Charles a couple of days ago.
Let me just play this clip here for you.
Speaker 2 (01:00):
I'd like to apologize the execue community and I'd love
to find ways to build bridges and work with them,
just like we're building bridges and working with the Bitcoin ecosystem.
There are many areas of potential collaboration that I could
see from Midnight interoperability with Ripple up to an including
perhaps participating in the stable coin that the Ripple ecosystem
has been creating.
Speaker 1 (01:20):
And this is all really exciting to see and had
been very well received by the Ripple community and the
Kadano community as well. The Ripple community is absolutely huge,
just like the Kadano community itself, and you can see
here the price of Ripple has it reacted quite positively
to this news. Overall, we could possibly see this partnership
really build up both these chains and deliver something really cool.
(01:44):
Both of these chains have amazing tech behind them and
could potentially be implemented at a government and enterprise level. Kadano,
with its voting, governance and digital identity tools out there,
could potentially be integrated in various moments around the world,
including the United States. On the other hand, we have Ripple,
(02:05):
with its payment gateways and the upcoming release of its
stable coin could potentially be used as payment rails within
the US banking system to try and reduce red tape
and increase efficiency of payment and therefore increase business activity
within the United States. This could be a huge potential
(02:27):
that both these changed, these platforms, these blockchains could help
improve the ecosystems there within the United States. Furthermore, we
just heard that robin Hood had relisted soul pepe XRP,
and Aida back onto their exchange. This couldn't have come
at a better timing. Robin Hood was the platform that
(02:49):
was leading the meme stocks in twenty twenty with GameStop
and AMC, and when those stocks had max themselves out,
people were looking for other opportunities such as crypto assets
and Aida, Bitcoin, Ripple were all there in play and
people could buy those assets quite easily. So this is
very fontitious that robin Hood is pushing this back in
(03:12):
and making it available to their users. Now this is
also really interesting to see, and this is Dan Gallagher.
He is one of the potential picks for the head
of the SEC under the Trump administration, and he is
very bullish within the crypto space, considering that he is
chief legal officer at Robinhood there So this is really
(03:33):
exciting news for Kadano and Ripple in general. Now, this
isn't the first partnership that these two blockchains have joined
together in on. This is the Decentralized Recovery Alliance. This
project here found kadano I, Input Output, Hedera, our Grand Foundation,
hash Graft, Ripple and xip Labs joined together to build
(03:54):
a decentralized interruptal recovery standard to facilitate the widespread option
of crypto. This is a way that we could decentralize
the storage of our seed phrases, so if anything happened,
we were able to recover our seed phrases in a
decentralized and trustless way. So this is another really good
(04:16):
solution and something that's really needed in the cryptocurrency space.
So it's good to see the work being done here
within the Decentralized Recovery Alliance, but also now potentially at
a regulation level as well in the United States between
Brad and Chiles here and what the teams could do.
So this is really bullish news. I can't wait to
see these two people working together. Now you saw in
(04:39):
that video clip before Charles did mention and hint at
the stable coin that Ripple has. Maybe we could potentially
see this stable coin come into the Kadona ecosystem as well.
I know everyone wants USDC on the ecosystem, but maybe
ral USD is the answer here. With the collaboration there,
(05:01):
with the payment rails that Ripple have put together, I'm
positive that there will be a massive amount of liquidity there.
We should hopefully see maybe we will see rl USD
appear as a wrapped asset or native asset even within
the Cardina ecosystem, and this will be absolutely huge, not
(05:21):
just for Cardina, but for Ripple as well. Now you've
got to check out this clip that I've found from
Paul Baron talking about this bromance and the potential adoption
of rl USD.
Speaker 3 (05:31):
And this is Brad carling House in a little bit
of a romance there with romance there with Charles Hoskinson
of Cardinal. Could Cardano be in the position of bringing
rl USD on as the stable token in lieu of USDC,
because this has been the big knock on Cardinal for
a long time, no stable coin available. That could really
change things quickly for Cardinal.
Speaker 1 (05:54):
And furthermore, to get people excited about the stable coin
side of things. Tomorrow we will know from the wyoming
stable token which blockchains will be officially considered for the
implementation of the stable coin. So this is really exciting stuff.
So by Friday fifteenth, November fifteenth, at eight am, there
(06:15):
will be a joint Zoom Call special meeting looking at
the proved criteria for the selection of blockchains that will
be in scope for the upcoming procurement process. Maybe it'll
be something like what we have on the Condona ecosystem
with Monetta, maybe it will be what we see here
on Ripple with rl USD. Overall, this is fairly exciting,
(06:35):
and tomorrow we'll find out exactly what's happening with the
stable coin side of things. If Ripple is decided or
is a part of the potential blockchains there, it will
be a definite good idea to have this integrated over
to the Condona ecosystem, building those bridges and that level
of interoperability between the two chains, and now with Bitcoin,
(06:58):
Kadano and potentially Ripple, this is quite a nice threesome
to have together. I don't know about you, guys, but
I kind of like the idea of this. This could
be potentially a big partnership between all the three chains
with the high level of interoperability with bitcoin os and
Cadano being at L two for bitcoin and then having
this level of interoperability between Ripple and Candano as well,
(07:22):
Opportunities are endless here. Let me know what you guys think.
Leave a comment down below, don't forget to hit that
thumbs up on the way out, hit the subscribe and
notification bell as well. I'll keep you guys up to
date with everything that's happening in the space, and I'll
see you guys in the next video.