XRPL Going Beyond Payments? Ripple CTO Details New Vision for XRP

The post XRPL Going Beyond Payments? Ripple CTO Details New Vision for XRP appeared on BitcoinEthereumNews.com. The post XRPL Going Beyond Payments? Ripple CTO Details New Vision for XRP appeared first on Coinpedia Fintech News Could XRP be gearing up to challenge the entire financial system? Ripple’s Chief Technology Officer, David Schwartz, just dropped one of his clearest signals yet – XRP and the XRP Ledger (XRPL) are evolving far beyond a simple payments network. In response to a query on X by Vincent Scott, Schwartz laid out a compelling vision: XRP is now becoming the foundation of a decentralized financial ecosystem ready to take on banks and fintechs head-on. Here are the deets. Well we certainly are at a crossroads here. Okay so those that say I am lying or let’s take it with “a grain of salt” or I “am pulling their leg”; let’s make a deal. A test of character. Repost and like this so we can get @JoelKatz to kindly affirm that this happened.… https://t.co/fEFvur5wEE — VincentScott (@VincentSco72192) June 3, 2025 XRPL’s Evolution: More Than Just Payments Schwartz described the XRPL as a full-fledged financial stack in the making, powered by tokenized real-world assets, stablecoins like RLUSD, and XRP at its core. While XRPL already facilitates fast, secure transactions, Ripple is now extending its reach into lending markets, investments, and daily financial activities – delivered through a decentralized, transparent blockchain infrastructure. The goal? To outperform traditional systems with speed, efficiency, and openness. XRP’s Structural Advantage in a Tokenized World XRP remains the cornerstone of the XRPL ecosystem, and it’s uniquely positioned to lead. As the only asset on the ledger without a counterparty, and the default currency every account can accept, XRP is used to pay transaction fees across the network. Features like autobridging, pathfinding, and deep liquidity routing revolve around XRP, giving it a technical and structural edge even as new…

Jun 5, 2025 - 00:00
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XRPL Going Beyond Payments? Ripple CTO Details New Vision for XRP

The post XRPL Going Beyond Payments? Ripple CTO Details New Vision for XRP appeared on BitcoinEthereumNews.com.

The post XRPL Going Beyond Payments? Ripple CTO Details New Vision for XRP appeared first on Coinpedia Fintech News Could XRP be gearing up to challenge the entire financial system? Ripple’s Chief Technology Officer, David Schwartz, just dropped one of his clearest signals yet – XRP and the XRP Ledger (XRPL) are evolving far beyond a simple payments network. In response to a query on X by Vincent Scott, Schwartz laid out a compelling vision: XRP is now becoming the foundation of a decentralized financial ecosystem ready to take on banks and fintechs head-on. Here are the deets. Well we certainly are at a crossroads here. Okay so those that say I am lying or let’s take it with “a grain of salt” or I “am pulling their leg”; let’s make a deal. A test of character. Repost and like this so we can get @JoelKatz to kindly affirm that this happened.… https://t.co/fEFvur5wEE — VincentScott (@VincentSco72192) June 3, 2025 XRPL’s Evolution: More Than Just Payments Schwartz described the XRPL as a full-fledged financial stack in the making, powered by tokenized real-world assets, stablecoins like RLUSD, and XRP at its core. While XRPL already facilitates fast, secure transactions, Ripple is now extending its reach into lending markets, investments, and daily financial activities – delivered through a decentralized, transparent blockchain infrastructure. The goal? To outperform traditional systems with speed, efficiency, and openness. XRP’s Structural Advantage in a Tokenized World XRP remains the cornerstone of the XRPL ecosystem, and it’s uniquely positioned to lead. As the only asset on the ledger without a counterparty, and the default currency every account can accept, XRP is used to pay transaction fees across the network. Features like autobridging, pathfinding, and deep liquidity routing revolve around XRP, giving it a technical and structural edge even as new…

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