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Alex Dovbnya

Input Output CEO Charles Hoskinson is teasing the upcoming Vasil upgrade

Input Output CEO Charles Hoskinson has taken to Twitter to tease Cardano’s “next wave.”

Of course, the American entrepreneur is referring to the upcoming Vasil hard fork that is expected to be launched later this month.

As explained by Sebastien Guillemot, CTO and co-founder of product-based blockchain company dcSpark, explained that the implementation of the much-anticipated upgrade will make it possible to move new types of tokens from Ethereum to Cardano. Guillemot specifically singled out stablecoins, non-custodial tokens, and stateful tokens in his tweet.

While the above-mentioned types of tokens will be supported at the protocol level, it will take “some time” for the tooling around them to be built.

As reported by U.Today, the much-anticipated Vasil upgrade went live on the Cardano testnet on Sunday. Its mainnet place will take place after four weeks of testing.

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