XRP benefit under fire in a viral social media discussion with Ripple CTO star-news.press/wp
The viral Twitter theme through the famous YouTube Andrei JIKH audit on the benefit of the real world of XRP. The Ripple CTO David Schwartz and other encryption characters pushed to publicly.
The stock exchange set the increasing tension between the original XRP promise and the current state of adoption, although Ripple claims for more than 300 banking partnerships.
Why not XRP LEDGER does not have more series size
Andre Jake asked, with more than 2.5 million subscribers, why, after 13 years, is not there Billions in size on the daily chain Flow through the Professor XRP (XRPL) book.
The idea that XRP, as a bridge currency, has challenged a significant problem in a world dominated by Stablecoins and the Central Bank of the Central Bank (CBDCS).
“If XRP is volatile, then why do you use it via Stablecoins for transfers?” Jake to request. “Why does any institution want to obtain a volatile symbol for payments?”
The thread gained the traction speed, which sparked thousands of re -publication and drawing responses from the best technicians and leaders of society in Ripple.
Even Ripple does not use XRP on decentralized exchanges
Ripple CTO, David Schwartz, admitted the slow speed of adoption on the chain. He attributed it to organizational fears and compliance.
“Even Ripple cannot be used XRPL DeX for payments yet,” Schwartz admitted, citing the danger of A. A terrorist provides liquidityA scenario that is used by organized entities. He referred to upcoming features such as The permitted fields As solutions for this barrier.
In the question of fluctuation, Schwartz said that the XRP speed reduces the risks and increased its use to hold the bridge currency for flexibility.
“The bridge currency only works if someone keeps it so that you can get it accurately when you need it,” explained.
However, he admitted that the institutional comfort with transparency on the chain is still a challenge. Apparently, Ripple explores ways Sensitive data ambiguity On the series of the first adoption.
Discussion about Stablecoins versus XRP
One of the most sharp discussion points that focus on whether XRP is still necessary as the Matthew Bridge currency Stablecoins can already serve this role.
Schwartz has argued that one stablecoin could not control the judicial boundaries and the bonds of the currency.
He said: “If we are in a multi -channel world, it still makes sense to have a neutral bridge like XRP.”
But JIKH retreated, interrogating the practical need for XRP in this scenario, especially when the local CBDCS or Stablecoins can provide the same service without being exposed to prices.
Others joined the topic to provide support and criticism.
Former Ripple director Matt Hamilton explained that most Ripple Banks use RipPlenet, a separate network outside the series, not the general XRPL.
He emphasized that RipPlenet and XRPL are distinct. Ripple’s dependence is not necessarily translated into XRP size on the chain.
Meanwhile, critics claimed this Many partnerships have never been achieved. They referred to XRP’s The total value is closed (TVL)The lack of support for smart contracts, and Central Audit Group As evidence that the project is no longer able to compete.
One of the critics said: “XRP is only a gas code now … ranked 48th in TVL.” “Why do you choose any XRPL when Ethereum provides better decentralization and resettlement?”
Jake also asked why companies such as Blackrock XRPL are chosen for the distinctive symbol when they can build royal or based royal solutions, as did Robinhood with expression.
Schwartz responded to a simile to the circle, whose Blockchain does not manage its USDC. CTO Ripple CTO involves multi -arms and inter -operational vibrants more important than exclusive control.
The viral thread shows a basic challenge to ripples. This is the bridge of the gap between institutional adoption and the benefit of XRP on the chain.
The post -XRP benefit appeared under fire in the viral social media discussion with Ripple CTO for the first time on Beincrypto.
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2025-07-31 22:47:00
