Throughout a current dialog with Scott Melker, Enter Output World CEO Charles Hoskinson has said that XRP DeFi is “coming.”
“Midnight connects us to all the opposite blockchains, and we add privateness to all these connection factors, so now we have so much so as to add and supply,” he stated.
The privateness layer
Cardano launched its companion chain, Midnight, in late 2025. It makes use of Zero-Data (ZK) cryptography to allow non-public good contracts
Hoskinson proposed wrapping XRP onto Midnight. This permits XRP holders to make use of their cash in advanced DeFi purposes (lending, borrowing, yield farming) whereas with the ability to hold transaction knowledge non-public. That is one thing the general public XRPL can not do by itself.
This goals to unlock the estimated $100 billion+ in idle XRP liquidity. Midnight might flip into the “privateness layer” for the XRP ecosystem.
In December, Hoskinson additionally surprisingly reached out to the XRP group, asking for a listing of the “prime 15 tasks” to ask to a collaborative DeFi Summit on the College of Edinburgh.
Enter Output World (IOG) dedicated to integrating native XRP help into Lace (Cardano’s official pockets).