Cardano founder Charles Hoskinson said XRP Ledger and Midnight outperform traditional finance-backed RWA projects like Canton Network by 100 times. He criticized legacy banks for copying blockchain potential instead of embracing Web3. Hoskinson stressed the need for solid partnerships and community support to capture the $10 trillion RWA market. XRP Ledger’s RWA market cap hit $131 million in August, per Messari.

In accordance with Bijiie, Cardano founder Charles Hoskinson stated that XRP Ledger (XRPL) and Midnight outperform traditional finance-backed projects like Canton Network in the real-world assets (RWA) space by 100 times. He criticized legacy financial institutions for attempting to replicate existing blockchain capabilities rather than embracing Web3's full potential. Hoskinson emphasized the need for end-to-end strategies, strong partnerships, and loyal communities to compete in the $10 trillion RWA market. Meanwhile, XRP Ledger's RWA market cap reached $131 million as of August, according to Messari data.