Cardano Founder Hoskinson Renews Proposal to Help Musk Evolve Dogecoin

Cardano Founder Offers to Rebuild Dogecoin Into X’s Core Digital Currency
Cardano Founder Hoskinson Renews Proposal to Help Musk Evolve Dogecoin
Written By:
Yusuf Islam
Reviewed By:
Shovan Roy
Published on

Charles Hoskinson, founder of the Cardano project, has again pledged to assist Elon Musk in converting Dogecoin into the official currency of X. His new offer comes several months after he initially floated the idea in March 2025, indicating that he may still wish to combine Cardano's technology with Dogecoin's accessibility.

New Push to Dogecoinize

The most recent debate arose after one of the community members re-emerged with the old message from Hoskinson to Musk. In response to X, he stated that he was still willing to build it, and the idea seemed fun and worthwhile. He said that Dogecoin could be redesigned with the help of the initial Bitcoin 2 roadmap, which defined the scaled upgrades of the blockchain.

In his posts, Hoskinson stated that the goal was to enhance Dogecoin’s transaction speed, capacity, and reliability. The changes would enable millions of payments to flow smoothly through X’s expanding digital payment network. He suggested that combining Cardano’s proven infrastructure with Dogecoin’s community could create a powerful, lasting system.

So far, Musk has not responded to the renewed offer. No joint work or follow-up discussion between the two has been reported since Hoskinson’s earlier proposal.

A Broader Vision for X’s Financial System

Hoskinson’s plan aims to make Dogecoin the standard payment option within X’s ecosystem. He believes a stronger version of Dogecoin could anchor fast, low-cost transactions across global social media networks. The approach would align with Musk’s long-term goal of transforming X into a comprehensive financial platform.

This is not the first time Hoskinson has reached out to Musk with a technical idea. Earlier, he had offered a free blockchain system for the Department of Government Efficiency initiative, known as DOGE, to help track public spending transparently. That design used Bitcoin, Cardano, and its Midnight privacy sidechain. Although it never advanced, it demonstrated Hoskinson’s interest in integrating advanced blockchain tools with large-scale civic and private projects.

He has said before that working with Musk would be a “once-in-a-lifetime” chance, hinting that he keeps such an opportunity for something major.

Musk’s Long Connection with Dogecoin

Elon Musk’s link with Dogecoin dates back to 2021, when his public remarks sent the token’s price surging several times. He has since referred to Dogecoin as the “people’s crypto,” and his companies have provided it with partial real-world use.

In 2022, Musk agreed with Robinhood CEO Vladmir Tenev’s statement that Dogecoin could serve as “the currency of the internet.” Tesla now accepts it for selected merchandise, giving the coin limited utility.

Yet X’s new “X Money” platform, launched in early 2025, has not added Dogecoin support. Musk has not announced any plan to make it X’s native token or to collaborate with Hoskinson.

For now, Hoskinson remains open to partnership. His persistence shows a continuing effort to blend Cardano’s technical depth with Dogecoin’s global appeal. The question is whether Musk will finally take the offer and let Dogecoin evolve into the financial backbone of X.

Conclusion

Charles Hoskinson’s renewed proposal to Elon Musk reflects his continued interest in merging Cardano’s technology with Dogecoin’s reach. While Musk remains silent, the idea of making Dogecoin X’s core currency still attracts attention, leaving the crypto community waiting for possible collaboration.

Read More: Tesla Pushes to Reinstate Elon Musk’s Rs 4.6 Lakh Crore Package

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