10-6-2025 – Charles Hoskinson, the visionary behind Cardano, announced that the Lace wallet—crafted by Input Output (IOHK), a cornerstone of the Cardano blockchain—will soon embrace XRP compatibility. This development promises to elevate the wallet’s standing as a dynamic hub for managing diverse digital currencies.
Since its debut on the public mainnet in April 2023, the Lace wallet has evolved from a straightforward tool for staking ADA, Cardano’s native token, into a robust platform. IOHK has diligently enriched its functionality, introducing support for hardware wallets, seamless interaction with decentralised applications (dApps), and, as of June 2024, the ability to manage multiple wallets and accounts within a single interface. The forthcoming inclusion of XRP underscores Lace’s ambition to serve as a versatile gateway for crypto enthusiasts.
The integration of XRP, a prominent cryptocurrency, reflects a broader trend towards interoperability within the blockchain sphere. Historically, the Cardano and XRP communities have charted distinct paths, but this move signals a bridge between ecosystems, fostering greater collaboration. By enabling users to handle XRP alongside ADA, Lace could draw in a wave of cross-chain adopters, enhancing Cardano’s allure for those already engaged with XRP transactions.
