Ripple’s Schwartz Defends Low XRPL Volume, Says Banks Settle Offchain

XRP Ledger: Ripple CTO Breaks Silence on Usage and Banking Partnerships

The post XRP Ledger: Ripple CTO Breaks Silence on Usage and Banking Partnerships appeared on BitcoinEthereumNews.com. Key Insights: Ripple CTO says compliance concerns have slowed XRP Ledger’s on-chain adoption despite bank partnerships. XRP’s volatility may not deter users who see holding it as a practical or strategic choice in uncertain markets. Bridge currencies like XRP could remain useful in a multi-stablecoin world with diverse tokens and…

Ripple chief technology officer Says Banks Mostly Settle Crypto Transfer Offchain - Invest In Crypto News

Ripple, the company behind major cryptocurrency XRP, is facing community backlash after online entrepreneur Andrei Jikh raised questions over the company’s projects and transparency. Jikh took to X on Wednesday to voice multiple concerns about Ripple, including the lack of verifiable onchain data to support the company’s claim of securing over 300 bank partnerships in its 13 years of operation. Ripple’s chief technology officer, David Schwartz, …

Ripple’s CTO Defends Low XRP Ledger Activity, Points to Off-Chain Bank Settlements

Ripple’s Chief Technology Officer, David Schwartz, has responded to growing concerns over declining on-chain activity on the XRP Ledger (XRPL), clarifying that many institutional transactions are being settled off-chain. This statement comes amid criticism from the crypto community about Ripple’s claimed partnerships with hundreds of banks, which have yet to translate into visible, high-volume usage […] The post Ripple’s CTO Defends Low XRP Ledg…

Ripple chief technology officer Says Banks Mostly Settle Crypto Transfer Offchain

Ripple, the company behind major cryptocurrency XRP, is facing community backlash after online entrepreneur Andrei Jikh raised questions over the company’s projects and transparency. Jikh took to X on Wednesday to voice multiple concerns about Ripple, including the lack of verifiable onchain data to support the company’s claim of securing over 300 bank partnerships in its 13 years of operation. Ripple’s chief technology officer, David Schwartz, …

Ripple’s Schwartz Defends Low XRPL Volume, Highlights Offchain Bank Settlements

Ripple co-founder David Schwartz addressed concerns over a 30-40% decline in XRP Ledger (XRPL) activity, explaining that many banking partners settle

Ripple’s Schwartz Defends Low XRPL Volume, Highlights Offchain Bank Settlements - Coin Surges

The post Ripple’s Schwartz Defends Low XRPL Volume, Highlights Offchain Bank Settlements appeared first on Coinpedia Fintech News Ripple co-founder David Schwartz addressed concerns over a 30-40% decline in XRP Ledger (XRPL) activity, explaining that many banking partners settle transactions offchain. While Ripple claims hundreds of bank collaborations, institutional use primarily occurs outside the blockchain, contributing to lower onchain volu…