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Charles Hoskinson confirms deal to onboard LayerZero on Cardano
Input Output CEO and founder Charles Hoskinson announced the a deal to get the institutional-focused LayerZero ported over to the Cardano blockchain.
Updated Feb 12, 2026, 2:26 a.m. Published Feb 12, 2026, 2:09 a.m.
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What to know:
- Hoskinson announced a deal to onboard institutional focused blockchain LayerZero to the Cardano blockchain.
- LayerZero received investment from Citadel Securities on Wednesday.
- Hoskinson lamented the market downturn, saying sentiment is at an all time low while remaining bullish on the macro lens of crypto.
Input Output CEO and founder Charles Hoskinson announced a deal to get LayerZero ported over to the Cardano blockchain during a keynote speech at Consensus Hong Kong on Thursday.
LayerZero is a blockchain aimed at powering institutional-grade markets that received investment from Citadel Securities on Wednesday.
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The announcement comes alongside the rollout of Midnight's mainnet, which was also revealed on Thursday morning.
Hoskinson, who was comically wearing a McDonalds uniform in a nod to the recent market downturn said: "The industry is not healthy. S*** is getting real. Twitter is a nuclear dumpster fire. Sentiment is at an all time low."
But he insisted it was a micro downturn, and "the macro remains bullish."
"And to prove it, I'm excited to announce our partnership with LayerZero," he said. "We're bringing USDCx to Cardano with a launch date set, complete with broad wallet and exchange support. This means stablecoins with true privacy and immutability, powered by zero-knowledge tech. It's institutional-grade, and it's happening now — alongside Midnight's mainnet rollout. Get ready, folks. This changes everything."
UPDATE (Feb. 12, 2026, 02:21 UTC): Adds additional information and commentary from Charles Hoskinson.
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Cardano founder Charles Hoskinson says Midnight won't chase Monero, ZCash users
Midnight will target "billions who don't know they need privacy" rather than privacy maxis as mainnet launch nears in March, he said.
What to know:
- Charles Hoskinson said Midnight won't actively recruit Monero and ZCash users, calling them a "different demographic" that already cares deeply about privacy.
- Midnight will rather target "billions of people that don't know they need privacy" with default privacy protection instead of optional features.
- Hoskinson argued privacy isn't a binary "light switch" like privacy coins suggest, criticizing the on/off approach of Monero and ZCash.
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