Cardano Founder Compares XRP to Tether, Says Ripple’s Model Has No Benefit to XRP Holders

20-Apr-2026 The Crypto Basic

Charles Hoskinson, the Cardano founder, recently compared XRP to Tether, arguing that Ripple's business model does not benefit XRP holders. According to Hoskinson, XRP holders do not have any actual stake in Ripple's business and do not benefit from how the company makes money, even though Ripple sells XRP regularly to fund its operations.

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