One of Midnight’s standout features is its use of zero-knowledge cryptography, which enables private, confidential smart contract interactions.
With this technology, users can engage with DeFi platforms while keeping their financial activity secure and hidden from public view- a major upgrade for privacy conscious investors.
If it happens, it would offer a USD-pegged stablecoin option for DeFi apps Midnight-bringing much-needed liquidity and price stability to the platform’s growing ecosystem.
The goal is to ensure seamless technical integration between Midnight and Ripples's Ledger Home combining Cardano’s smart contract capabilities with XRP’s strength in liquidity and cross-border transactions.
To get the community involved, Cardano is rolling out two airdrops campaigns- the Midnight Drop and the Glacier Drop.
If you held at least $100 worth of XRP on or before June 11, 2025, you’re lucky- you may be eligible to claim a share of the 1.2 billion NIGHT Tokens up for grabs.
These tokens won’t just be collectibles- they’ll play a key role in governing the Midnight network as it evolves.
Midnight is already live on testnet, and a mainnet launch is expected later this year.
Once launched, it will support interactions with Ethereum, solana, Avalanche and now XRPL– positioning as a serious player in the multi-chain DeFi landscape.
Source: Twitter
This partnership makes a major step forward for both ecosystems. For XRP, it unlocks a world of DeFi possibilities without compromising on-chain security.
For Cardano, it’s a chance to expand its tech to a new user base. And for the broader crypto space, it signals a future where collaboration beats competition.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.