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Home CRYPTO

ADA’s US Credentials Questioned: Hoskinson Hits Back

by Drop Gorn
March 5, 2025
in CRYPTO, FINANCE, OPINION
Reading Time: 4 mins read
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  • Cardano’s inclusion in Trump’s crypto reserve sparks debate, with Delta Blockchain Fund’s Kavita Gupta questioning ADA’s U.S. ties and claiming Hoskinson is Canadian.
  • Hoskinson claps back, sarcastically debunking the claim, emphasizing his American roots, and mocking crypto commentators for getting their facts wrong.
  • Trump’s crypto reserve plan is part of a larger shift, aligning with his executive order to position the U.S. as the “crypto capital of the world,” fueling ongoing industry debates.

Charles Hoskinson, the outspoken founder of Cardano, has fired back at claims questioning his nationality—an odd twist in the debate over ADA’s inclusion in the U.S. strategic crypto reserve.

Following President Trump’s bombshell announcement that Cardano (ADA), XRP, and Solana (SOL) would be part of a U.S. crypto reserve alongside Bitcoin and Ethereum, discussions have been running wild. The move, branded as a push for “Made in America” coins, has sparked plenty of opinions, and not all of them are in favor.

The Debate Over ADA’s Place

On a recent episode of the CoinDesk Markets Daily podcast (March 4), host Jen Sanassi pressed Delta Blockchain Fund’s Kavita Gupta for her take on Trump’s selection. Gupta wasn’t exactly sold on the picks—particularly Cardano and XRP.

She accepted Solana’s inclusion, acknowledging its large community, even if she wasn’t sure about its long-term sustainability post-meme-coin mania. But her skepticism sharpened when she turned to XRP, questioning its retail appeal given its institutional focus.

Then came the Cardano dig.

Gupta outright doubted ADA’s U.S. credentials, saying, “It doesn’t strike me as an American project.” Her reasoning? She claimed Hoskinson is Canadian and argued that Cardano lacked a visible presence in the U.S. She doubled down, saying she hadn’t seen major Cardano representation at key industry events.

The implication? ADA’s selection made zero sense—at least to her.

Tradingview ADAUSDT Daily timeframe

Hoskinson’s Response: “Guess I’m Canadian Now”

Unsurprisingly, Hoskinson didn’t let this slide.

On March 4, he took to X (formerly Twitter) with a sarcastic video response, mocking the notion that he’s Canadian and setting the record straight.

“I was born in Hawaii, I live in Colorado, I own a ranch in Wyoming, and my family’s all over the U.S.—Colorado, Montana, New York, Pennsylvania, Florida,” he rattled off. “But hey, news to me—I guess I’m Canadian now.”

His tone was laced with sarcasm, calling out what he saw as yet another example of crypto commentators getting their facts wrong.

https://t.co/HvCSRAtRKn pic.twitter.com/l7SSBiHGIz

— Charles Hoskinson (@IOHK_Charles) March 4, 2025

The Bigger Picture: Crypto’s Political Moment

The tension over Trump’s crypto reserve plan is part of a larger political shift. The move ties into his January 23, 2025, executive order, which established a Presidential Working Group on Digital Assets—part of his vision to make the U.S. the “crypto capital of the world.”

The crypto industry is watching closely. Whether ADA, XRP, and SOL truly belong in this strategic reserve remains a heated debate, but one thing’s for sure: Hoskinson isn’t about to let misinformation slide—especially when it involves his nationality.

Tags: CardanoCharles HoskinsonDonald TrumpJen SanassirippleSolanatwitter
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