Charles Hoskinson Taunts Wyoming Token Commission Head Anthony Apollo for Ignoring Cardano and XRP in the Stablecoin Project

Cardano founder slammed Wyoming Token Commission over stablecoin snub.

Cardano founder Charles Hoskinson has criticized the Wyoming Token Commission for ignoring Cardano and XRP in the stablecoin project. Hoskinson highlighted the snub in a tweet today, where he shared a post from a Cardano enthusiast.

The user pointed out that the Token Commission’s executive director, Anthony Apollo, chose Ethereum over Cardano and XRP because he is more familiar with the network. This familiarity stems from Apollo’s earlier role at Consensys, a core developer of the Ethereum network.

Hoskinson shared the post, adding that the bias is evident from Apollo’s statement. He noted that Apollo included Ethereum despite the network’s inability to meet the state’s criteria for the stablecoin project.

The Cardano founder went on to call for legal action from the unselected networks against the Wyoming Token Commission. He argued that the disparity in treatment would create an unfair competitive landscape among digital asset firms in the United States.

Cardano, Bitcoin, and XRP were notably absent from the list of nine chains where Wyoming will issue the upcoming state-backed stablecoin. The decision sparked議論 with Hoskinson, who has repeatedly alleged bias.

Apollo appeared before the Wyoming Legislative Committee on Friday to provide updates on the stablecoin project. The legislature inquired whether Apollo treated Wyoming-based blockchains differently to skew the bidding process.

The executive director stated that he had multiple meetings with Cardano representatives and included the network in the selection process. However, he disclosed that Cardano passed four of the five criteria but failed the freeze and seize test.

Apollo added that Cardano’s Midnight would have ensured that the network met the criteria. However, the innovation was still on the testnet during the assessment, and the agency stipulated that all required technologies be fully functional on the chain.