Cardano (ADA) Founder Charles Hoskinson Responds to Argument That He Is Canadian

The Cardano founder Charles Hoskinson has responded to an argument that he is Canadian in an effort to downplay the selection of ADA as a U.S. reserve asset.

President Donald Trump’s announcement of the U.S. strategic crypto reserve featuring Bitcoin, Ethereum, Cardano (ADA), XRP, and Solana (SOL) has sparked lively discussion in crypto circles.

Among the topics that arose was the rationale behind selecting these specific coins, especially considering Trump’s stated preference for "Made in America" assets.

As reported by CoinDesk, during the latest episode of the CoinDesk Markets Daily podcast, Delta Blockchain Fund founder Kavita Gupta shared her skepticism about the inclusion of Cardano in particular.

This led to a pointed exchange about the legal status of the project and its founder, Charles Hoskinson, whose nationality was a subject of contention.

However, according to the Point Network founder, the narrative that the blockchain community is presenting about the U.S. assembling a strategic crypto reserve is “a little skewed.”

Discussing Trump’s announcement of the reserve, which will reportedly feature Bitcoin, Ethereum, Cardano, XRP, and Solana, Sanassi sought Gupta’s thoughts on whether the chosen coins, touted as “Made in America” in a report by The Block, deserved a place in the yet-to-be-defined reserve.

Among the coins, Solana was met with positivity from Gupta, who highlighted its large community.

Yet, she posed questions about the long-term staying power of the token beyond the meme coin craze that followed its NFT initiative.

“I’m not sure what will outlast the meme coin mania that we saw in Solana,” Gupta stated.

She then turned to XRP, noting that she was confused over its retail token appeal, given its focus on institutional payment infrastructure, a debate she noted has lingered for years.

However, her analysis took a sharper turn when she addressed Cardano, casting doubt over its inclusion and questioning its American credentials.

“I’m a little bit surprised by Cardano. I don't really see it as a U.S.-based project. It strikes me more as a Canadian project. I believe the founder is Canadian, and he lives in Canada. But I feel like there's a whole community around Ethereum here in the U.S.,” Gupta said.

She continued, contrasting this with her lack of encounters with prominent Cardano community members or projects in the U.S., suggesting they weren't present at industry conferences.

According to her observations, the reasoning behind ADA’s selection left her perplexed.

“I'm a bit confused about why they chose Cardano. I'm not seeing a lot of Cardano projects or community members here in the U.S.,” Gupta added.

Despite her skepticism, the Delta Blockchain Fund founder concluded by welcoming the broader spotlight on crypto assets at a national level, seeing it as a silver lining despite her reservations.

"I think it's great that the administration is thinking about digital assets at this level, and I'm glad they're considering these factors. It's refreshing to see them engaging with this asset class in such a way," Gupta said.

The latest development reflects a broader tension following Trump’s announcement of the reserve. Revealed as part of his vision to make the U.S. the “crypto capital of the world,” the plan ties back to a Jan. 23, 2025, executive order forming a Presidential Working Group on Digital Assets.

The administration's move to select Bitcoin, Ethereum, Cardano, XRP, and Solana for the strategic crypto reserve has sparked lively discussion in crypto circles.

Among the topics that arose was the rationale behind selecting these specific coins, especially considering Trump’s stated preference for "Made in America" assets.

As reported by Point Network, President Donald Trump's administration is planning to select Bitcoin, Ethereum, Cardano (ADA), XRP, and Solana (SOL) for the U.S. strategic crypto reserve, assembling a diverse portfolio of digital assets for the national interest.

According to The Block, the administration is aiming to prioritize American-origin coins for the reserve, a move that has sparked discussion among crypto enthusiasts.

The selected coins will be used to settle international obligations and serve as a backup to the dollar, highlighting the administration's interest in exploring alternative payment methods and diversifying the U.S. economic portfolio.

The administration's move to select Bitcoin, Ethereum, Cardano (ADA), XRP, and Solana (SOL) for the U.S. strategic crypto reserve has sparked lively discussion in crypto circles.

Among the topics that arose was the rationale behind selecting these specific coins, especially considering Trump’s stated preference for "Made in America" assets.

As reported by Point Network, President Donald Trump's administration is planning to select Bitcoin, Ethereum, Cardano (ADA), XRP, and Solana (SOL) for the U.S. strategic crypto reserve, assembling a diverse portfolio of digital assets for the national interest.

According to The Block, the administration is aiming to prioritize American