Finance
What to know:
- Hoskinson has whipped up a deal to bring LayerZero-an institution-friendly blockchain-onto Cardano‘s stage.
- LayerZero has attracted an investment from Citadel Securities on Wednesday.
- Hoskinson grumbles about the market’s downturn, claiming sentiment is at an all‑time low, while remaining bullish on crypto’s macro prospects.
Input Output CEO and founder Charles Hoskinson announced the plan to port LayerZero to Cardano during a keynote at Consensus Hong Kong on Thursday.
LayerZero is a blockchain aimed at empowering institutional-grade markets and received investment from Citadel Securities on Wednesday.
The announcement comes alongside the rollout of Midnight’s mainnet, also revealed Thursday morning.
Hoskinson, sporting a McDonald’s uniform as a sly nod to the market malaise, quipped: “The industry isn’t exactly healthy. Things are getting real. Twitter is a nuclear dumpster fire. Sentiment is at an all‑time low.”
But he insisted it’s a micro downturn and “the macro remains bullish.”
“And to prove it, I’m thrilled to announce our partnership with LayerZero,” he stated. “We’re bringing USDCx to Cardano with a launch date set, featuring broad wallet and exchange support. This means stablecoins with true privacy and immutability, powered by zero-knowledge tech. It’s institutional-grade, and it’s happening now-alongside Midnight’s mainnet rollout. Brace yourselves, darlings. This changes everything.”
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2026-02-12 05:31