Cardano’s Charles: XRP Unfakeable, $10T Market Awaits 🚀

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Mr. Charles Hoskinson, the venerable founder of Cardano, has stirred considerable discourse of late, particularly concerning the endeavors of traditional finance to dabble in the realm of tokenization. In response to the recent machinations of the Canton Network, Mr. Hoskinson opined that the venerable institutions of legacy finance are but mere imitators, attempting to replicate systems that XRP and Cardano-linked ventures have long perfected, albeit on a far smaller scale. 📜

Mr. Hoskinson posited that platforms such as XRP and Midnight are conceived with the very essence of Web3 in mind, whereas the aforementioned institutions are but novices in this grand endeavor. When queried about the scale he alluded to, he gestured towards the market of real-world assets, declaring the ambition to seize a $10 trillion opportunity. 🚀

I doth find it most amusing when the old guard, in their hubris, unite with Canton to attempt what XRP and Midnight have already achieved, albeit with a hundredfold greater ambition.

These gentlemen, ever the paragons of ignorance, fail to comprehend the unique and meaningful nature of Web3.

– Charles Hoskinson (@IOHK_Charles) December 26, 2025

According to Mr. Hoskinson, triumph in this domain necessitates fully integrated systems, robust partnerships, and a fervent community. “One cannot feign the essence of Cardano or the XRP community,” he added, with a most unseemly air of superiority. 🤔

Why the Timing Matters

Mr. Hoskinson’s remarks coincided with a most remarkable surge in Canton Coin, which ascended by approximately 20% over the past week, outpacing the generally stagnant or faltering crypto market. This rally, driven by institutional infrastructure news rather than broad market fervor, was most noteworthy. 📈

The development followed a December 17 announcement from the Depository Trust & Clearing Corporation, or DTCC, which unveiled intentions to explore tokenizing a portion of U.S. Treasury securities on the Canton Network. The DTCC, a most pivotal entity in global finance, processes trillions of dollars in securities transactions annually. 📊

Why DTCC’s Move Is Important

The DTCC declared its initial focus would be U.S. Treasury securities held through its Depository Trust Company unit. Rather than supplanting existing systems, the objective is to ascertain how tokenization may function within current market structures. The DTCC’s leadership described the endeavor as a long-term roadmap, potentially expanding to numerous other regulated assets. 🔄

The aggregate value of tokenized RWAs has surged dramatically over the past twelve months, with U.S. Treasurys accounting for a significant share of this growth. 📈

On one side, the venerable financial players endeavor to adapt blockchain to their established systems. On the other, networks like XRP and Cardano, which Mr. Hoskinson asserts were conceived from the ground up to manage global-scale tokenization. As institutions delve deeper into real-world assets, the contest may hinge not merely on products, but on who commands the infrastructure beneath them. 🏆

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2025-12-26 19:02