Glacier Drop to Include $XRP Support and Midnight Airdrop
The Glacier Drop is Midnight’s multi-chain airdrop, which was revealed during Consensus 2025 in Toronto. It will target around 37 million blockchains, including the $XRP Ledger, but only retail users will be eligible for it.
As part of the Glacier Drop, Midnight will airdrop two tokens: NIGHT (governance) and DUST (privacy-focused). $XRP holders can qualify by storing their tokens in eligible wallets.
Lace Wallet Set to Add $XRP
Hoskinson recently confirmed that Lace Wallet, Cardano’s lightweight, multi-chain wallet, will soon support $XRP. This would allow users to send, receive, and store $XRP alongside assets like $ADA and Bitcoin.
He has shown strong support for Ripple’s stablecoin $RLUSD. Launched in December, Real USD ($RLUSD) currently runs on Ethereum and the $XRP Ledger, but Cardano may soon be added in the future.
$XRP DeFi Use Cases
$XRP’s integration into Cardano could bring fresh DeFi use cases like lending and borrowing, and other financial services within the Cardano ecosystem. In late 2024, Hoskinson said Cardano could offer $XRP some “amazing” DeFi tools. In February, a Wanchain bridge went live, allowing native $XRP to connect to Cardano.
The update turned heads, given Hoskinson’s past disagreements with the $XRP community. But his recent comments hint at a shift in tone, as he opened up about the need for more collaboration and less competition within the crypto industry.
Recently, Charles has also proposed diversifying $100 million worth of $ADA into stablecoins and even Bitcoin, aiming to bring BTC into Cardano’s DeFi ecosystem and create a multi-asset treasury model.
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