Hoskinson collaborates with Trump stablecoin! Cardano teams up with Chainlink, Aave, and USD1 to save the Decentralized Finance ecosystem.

Cardano founder Charles Hoskinson recently unveiled a significant plan during an AMA (Ask Me Anything) live stream—he will push for deep cooperation with Chainlink, Aave, and World Liberty Financial's USD1 stablecoin. He stated that these integrations are crucial for maintaining Cardano's correlation and competitiveness in the highly competitive blockchain market and are expected to inject the much-needed liquidity and infrastructure support into its long-term sluggish DeFi ecosystem.

Hoskinson's Three Major Collaborative Visions

Hoskinson stated clearly in the AMA on August 31: "I want USD-1, I want Aave, I want Chainlink. We are looking into what this means and how to do it."

These three goals correspond to the three major shortcomings of the Cardano DeFi ecosystem:

  1. stablecoin Liquidity (USD1)

  2. Decentralized Lending Market (Aave)

  3. Oracle and External Data Integration (Chainlink)

USD1: Bringing a breakthrough in the stablecoin market for Cardano

USD1 is a stablecoin project launched by World Liberty Financial, supported by former U.S. President Trump. Although it has not been on the market for long, it has already risen to become the sixth largest stablecoin by market capitalization, gaining institutional adoption through exchanges such as Binance and Bullish.

For Cardano, introducing USD1 not only fills the gap in the stablecoin market but also brings higher liquidity and market confidence to its DeFi ecosystem.

Aave: Addressing the Shortcomings of the Lending Market

As one of the largest decentralized lending protocols in the world, Aave has a total locked value (TVL) of nearly 40 billion USD.

Introducing Aave to Cardano would bring a qualitative leap to the lending market on that chain, attracting more users and developers, and creating new opportunities for revenue and liquidity.

Chainlink: Bridging Cardano and the Real World Data

Chainlink, as a leading oracle network, can securely connect blockchain with real-world data, ensuring the accurate execution of smart contracts.

Hoskinson admitted that the lack of support from Chainlink has directly affected the international visibility and application opportunities of Cardano— even when releasing economic data in the United States, it was excluded due to the failure to integrate Chainlink or Pyth.

He bluntly said: "The competition is becoming increasingly fierce, and the lack of integration with other ecosystems means we will fall behind, which frustrates me greatly."

Conclusion

Hoskinson's personal promotion of cooperation with USD1, Aave, and Chainlink demonstrates his urgent reform determination for the Cardano DeFi ecosystem. If these three integrations are realized, Cardano will significantly strengthen its position in the three key areas of stablecoins, lending markets, and external data integration, potentially bringing a turnaround opportunity for its long-term sluggish DeFi ecosystem. Moving forward, the market will closely monitor the progress of these collaborations and their actual implementation timeline.

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