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Hoskinson Says Midnight Could Boost Cardano's DeFi TVL by 10x

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Cardano founder Charles Hoskinson said the Midnight privacy sidechain could boost DeFi TVL by tenfold. He argued Midnight supports ecosystem growth by adding programmable privacy, a missing feature in mainstream DeFi. Users can access privacy tools without leaving ecosystems like Ethereum. Hoskinson also mentioned talks to bring a Tier-1 stablecoin, including RLUSD, to Cardano. Current TVL is $178.98 million, trailing Ethereum ecosystem news.
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