Cardano Founder Teases Bitcoin and XRP DeFi on Midnight Protocol

ADA-2,28%
BTC-1,53%
XRP-2,47%

Cardano founder Charles Hoskinson teases Bitcoin and XRP DeFi integration via Midnight, adding cross-chain privacy features to DeFi.

Charles Hoskinson, the founder of Cardano, recently revealed that Midnight protocol will soon integrate Bitcoin and XRP.

This announcement marks a significant development in the DeFi space, as it aims to provide privacy solutions for Bitcoin and XRP users.

Hoskinson emphasized that this move would help bridge the gap between different blockchains while enhancing privacy in decentralized finance.

Midnight Protocol to Enable Cross Chain Interoperability with Privacy

The Midnight protocol works alongside Cardano, enabling private cross-chain transactions.

It acts as a bridge, connecting various blockchains and enabling users to interact securely without exposing their transaction details.

Hoskinson highlighted that Midnight will integrate Bitcoin and XRP, opening new possibilities for decentralized finance (DeFi) applications.

JUST IN: #Cardano $ADA Founder Charles Hoskinson says “we got Bitcoin DeFi coming, XRP DeFi coming, Midnight connects us to all the other blockchains, and we add privacy to all those connection points, so we have a lot to add and offer.” pic.twitter.com/2um58p5Fqv

— Angry Crypto Show (@angrycryptoshow) January 12, 2026

One of the main features of Midnight is its use of zero-knowledge cryptography.

This technology ensures that transactions remain private, even while interacting with smart contracts.

By incorporating this feature, Midnight aims to provide a solution for users who want to maintain their privacy while engaging with different blockchain networks.

As a result, the integration of Bitcoin and XRP into Midnight could solve existing privacy concerns in DeFi.

Currently, both Bitcoin and XRP lack privacy features, which limits their use in certain financial applications. By leveraging Midnight’s secure environment, these cryptocurrencies can be part of the growing DeFi ecosystem.

Bitcoin and XRP Could Join DeFi Through Midnight’s Wrapped Assets

The proposal to wrap XRP and Bitcoin on Midnight is expected to open new doors for privacy-focused DeFi activities.

Wrapping these cryptocurrencies would allow users to engage in lending, borrowing, and yield farming without revealing their transaction details.

This feature could address privacy gaps in existing DeFi platforms, where transaction information is typically exposed.

Hoskinson’s plan to wrap Bitcoin and XRP could make these assets more accessible to privacy-conscious users.

This would allow them to participate in DeFi services without compromising their financial privacy.

With this solution, the Midnight protocol could attract a broader user base, especially those who have been hesitant to join DeFi due to privacy concerns.

The integration of privacy features into Bitcoin and XRP could unlock a significant amount of locked liquidity.

As DeFi platforms continue to grow, privacy remains a top priority for many users. Midnight’s approach could address this need and help attract more participants to the DeFi space.

Related Reading: Cardano Founder Signals Growth Amid Expanding Midnight Support

Midnight Plays Key Role in Cardano’s Privacy-Focused DeFi Growth

Hoskinson has described Midnight as part of Cardano’s long-term strategy to offer privacy-focused decentralized applications (dApps).

He considers Midnight to be the first example of a “fourth generation” cryptocurrency that focuses on privacy and cross-chain functionality.

As the DeFi sector continues to evolve, privacy features are expected to become increasingly important.

Midnight’s role goes beyond just supporting Bitcoin and XRP; it is integral to Cardano’s broader vision for privacy in DeFi.

By offering a platform that enhances privacy and supports cross-chain transactions, Midnight aims to set itself apart from other platforms.

Hoskinson believes this approach will help Cardano become a leader in the next generation of decentralized finance.

By prioritizing privacy, Midnight could reshape the future of DeFi. As blockchain technology matures, the need for secure, private transactions will only increase.

Midnight’s potential to meet this demand may play a significant role in Cardano’s growth and the future of the broader DeFi ecosystem.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Polymarket: Bitcoin has 61% chance of reaching $60K before $80K

Polymarket data indicates traders anticipate Bitcoin will decline before a significant rise. The probability of BTC reaching $60,000 before $80,000 is now at 61%, reflecting cautious market sentiment amid macro volatility and selling pressure. The possibility of Bitcoin breaking past $80,000 remains, depending on stronger supportive factors.

TapChiBitcoin11m ago

Last week, Bitcoin spot ETF experienced a net inflow of $95.18 million, marking four consecutive weeks of net inflows.

Last week, Bitcoin spot ETF net inflows reached $95.18 million, marking four consecutive weeks of growth. Among them, BlackRock's IBIT had the largest inflows at $191 million, with a total net inflow of $63.26 billion. Fidelity's FBTC experienced net outflows of $50.07 million. In terms of total assets, the current net asset value of Bitcoin spot ETFs is $90.3 billion.

GateNews17m ago

The crypto market is widely declining, with BTC breaking below $68,000, while AI and Meme sectors rally against the trend with gains exceeding 3%

On March 23, the crypto market experienced widespread declines, with Bitcoin and Ethereum falling 1.42% and 1.78% respectively. The RWA sector suffered a significant drop of 4.85%, while AI and Meme sectors bucked the trend with gains of 10.36% and 3.66% respectively. Other sectors showed mixed performance, with overall market sentiment remaining weak.

GateNews1h ago

Michael Saylor Signals Continued Bitcoin Accumulation as Funding Strategy Shifts Toward STRC Preferred Stock

Strategy Executive Chairman Michael Saylor posted on March 22, 2026, that "The Orange March Continues," signaling the company's ongoing Bitcoin accumulation as total holdings reached 761,068 BTC valued at approximately $52.36 billion with an average acquisition cost of $75,696 per coin.

CryptopulseElite1h ago

BTC rises 0.61% in 15 minutes: Whale fund inflows superimposed with futures premium resonance driving

Between 2026-03-23 02:15 and 2026-03-23 02:30 (UTC), BTC yield recorded +0.61%, with prices fluctuating between 67807.1 and 68304.9 USDT, representing a volatility of 0.73%. During this short-term volatility period, market trading activity was robust, with enhanced linkage between spot and futures markets, and sustained volume increase in core trading zones, attracting market attention. The primary driver of this volatility was significant capital inflow from on-chain whale wallets to exchanges during the window period, with approximately 17,184 BTC flowing in within a short timeframe, marking a new monthly high. M

GateNews1h ago
Comment
0/400
No comments