Cardano Seeks Big-Name Partnerships to Stay Competitive

Altcoins

Cardano Seeks Big-Name Partnerships to Stay Competitive

Cardano’s ecosystem has lagged behind faster-moving rivals, and Charles Hoskinson knows it.

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In a recent AMA, the founder said the blockchain needs to align with major players like USD1, Aave, and Chainlink to stay relevant in the next phase of crypto growth.

Stablecoins and Liquidity

Hoskinson pointed to USD1, the Trump-backed stablecoin that has already broken into the top six by market cap. With listings on Binance and Bullish, USD1 brings credibility and deep liquidity that Cardano’s DeFi markets have long lacked.

Lending Power

He also flagged Aave, the $40 billion lending giant, as a potential partner. Adding Aave would instantly expand Cardano’s offerings, creating a real borrowing and lending hub instead of relying on outside ecosystems.

Oracles and Visibility

Perhaps most urgent is Chainlink. Without it, Cardano has missed out on key opportunities, including the U.S. Commerce Department’s blockchain data project, which leaned on Chainlink and Pyth. Hoskinson admitted that failing to integrate such tools is already hurting the network’s visibility.

The Stakes

Hoskinson’s message was blunt: crypto is getting more competitive, and Cardano cannot afford to remain isolated. By securing stablecoin liquidity, DeFi infrastructure, and data oracles, the project hopes to position itself as a stronger contender in the fight for institutional adoption.


The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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Source: https://coindoo.com/cardano-seeks-big-name-partnerships-to-stay-competitive/