- XRP is being integrated into Lace wallet, expanding its multi-chain functionality beyond Cardano and Bitcoin.
- The move signals a warmer relationship between Cardano’s leadership and the XRP community, especially after past tensions.
- With Firefox extension and support for multiple assets, Lace is shaping up as a serious all-in-one crypto wallet for the next-gen decentralized economy.
XRP’s about to land on Lace—the lightweight wallet built by Input Output Global (IOG)—and yeah, it’s kind of a big deal. This move, confirmed by Cardano co-founder Charles Hoskinson during a recent AMA, signals a serious step in Lace’s mission to go multi-chain and not just be tied down to Cardano alone.
Launched in April 2023, Lace was meant to be a sleek and simple way to interact with Cardano: staking ADA, jumping into dApps, that sort of thing. Since then, though, it’s leveled up. New stuff like support for hardware wallets and the ability to manage multiple accounts hit in June 2024, making it way more useful for power users too.
Multi-Chain Ambitions Start Paying Off
Lace started tipping its hand on cross-chain goals in April 2024, when version 1.22 dropped Bitcoin support on testnet. That let folks manage BTC right from the Lace interface—pretty huge if you think about how separate Bitcoin’s always been. The real kicker is that it laid the groundwork for BTC-based DeFi on Cardano. Sounds ambitious? It is.
That move told everyone IOG wasn’t just building a Cardano-only tool—they were aiming to make Lace a hub for all kinds of digital assets.
XRP and the Firefox Push: Opening New Doors
Then in May 2024, Lace expanded again—this time into Firefox. Users could now manage wallets, stake ADA, and use dApps right from their browser, no extra downloads or hoops. That kind of accessibility is what brings in more users, especially ones not deep into crypto already.
Now, with XRP support in the pipeline, there’s also a soft reset on the relationship between the Cardano and XRP communities. Hoskinson, who’s had his fair share of clashes with XRP fans, has shifted tone lately. He even praised Ripple’s stablecoin (RLUSD) back in December and hinted at bringing it to Cardano. Wild how things change.
Adding XRP means Lace users will be able to hold and manage yet another major asset—all in one place. More than just tech, it’s about bridging communities that were once divided.
So yeah, with XRP on the horizon, Lace isn’t just checking boxes—it’s setting a tone. Multi-chain isn’t just a feature anymore. It’s the future.