Close Menu
    Trending
    • Metaplanet to Raise Another $3.7 Billion for Further Bitcoin Purchases
    • GALA Townstar Gems Launch Boosts Gaming Ecosystem
    • Tether CEO Says Leading Stablecoin Issuer To ‘Focus on a New Venture in the US’ After Inking $4,900,000,000 in Net Profit in Q2
    • Ethereum Drops 6% After Hitting $3,800, But Analysts See New ATH Ahead
    • Crypto tokens explode from 20k in 2022 to 18.9M following launchpad frenzy on Solana, Base, BSC
    • Visa Adds More Stablecoin Support, Taps Stellar and Avalanche Chains
    • Why is the Japanese yen’s weakness relevant to cryptocurrency traders?
    • Sanctioned nations are secretly mining Bitcoin and the clues are in the hash rate
    Simon Crypto
    • Home
    • Crypto Market Trends
    • Bitcoin News
    • Crypto Mining
    • Cryptocurrency
    • Blockchain
    • More
      • Altcoins
      • Ethereum
    Simon Crypto
    Home»Blockchain»XRP’s Secret Weapon? Ripple Exec Says It’s Not What You Think
    Blockchain

    XRP’s Secret Weapon? Ripple Exec Says It’s Not What You Think

    Team_SimonCryptoBy Team_SimonCryptoJuly 31, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    In response to feedback from Ripple CTO David Schwartz, XRP remains to be on the coronary heart of Ripple’s funds system, whilst the corporate highlights its new stablecoin, RLUSD.

    Associated Studying

    Ripple’s lead tech officer confused that XRP stays the first bridge asset in cross-border transactions—and that wider use of the XRP Ledger will hold boosting the altcoin’s utility and worth.

    XRP Stays Core To Ripple Funds

    In a current change, an XRP supporter identified that Ripple now mentions RLUSD extra usually than XRP. Schwartz replied that he doesn’t have the precise figures readily available, however he’s certain that Ripple makes use of XRP excess of every other digital asset for its funds service.

    I don’t have the numbers in entrance of me, however I’m fairly certain XRP’s use as a bridge in Ripple Funds dwarfs each different asset.

    I feel stablecoins win for collateral use circumstances (risky collateral is annoying) and edge use circumstances (volatility on the on/off ramps can be…

    — David ‘JoelKatz’ Schwartz (@JoelKatz) July 30, 2025

    Primarily based on stories, XRP nonetheless dominates because the bridge forex when shifting cash from one fiat to a different. That function helps establishments ship funds shortly and cheaply, even when market swings would possibly make a stablecoin much less preferrred.

    Ripple launched RLUSD in December 2024 to satisfy demand for value stability. In response to Schwartz, stablecoins like RLUSD make sense in use circumstances that rely upon a hard and fast worth—equivalent to when companies use crypto property as collateral or enter and exit markets with out risking 5% swings in a single day.

    He famous that Hidden Street, one in every of Ripple’s large companions that works with over 300 establishments, selected RLUSD as its major collateral asset in Might 2025. That transfer exhibits RLUSD’s enchantment for stability-focused duties.

    XRPUSD presently buying and selling at $3.16. Chart: TradingView

    Stablecoin Position Versus Altcoin Utility

    Schwartz drew a transparent line between the 2 tokens. For duties the place value predictability issues most, a stablecoin helps keep away from hiccups. However for almost all of funds, he believes a liquid asset like XRP does a greater job—until somebody desires to keep away from threat fully. Holding main digital property can seize upside, and XRP matches that want higher than money, he mentioned.

    Adoption Drives XRP Demand

    Trying forward, Schwartz confused that real-world use of the XRP Ledger will naturally drive extra demand for the crypto. As extra initiatives and establishments faucet into XRPL’s quick transaction speeds and low charges, they’ll want XRP to energy every transfer.

    That design makes it more durable to sidestep the coin’s native token than it’s on different networks, the place builders can wrap or bypass the bottom coin fully.

    Schwartz’s remarks arrive amid neighborhood worries that XRP is being sidelined in favor of stablecoins. The selection by Hidden Street to again RLUSD raised eyebrows again in Might 2025.

    Associated Studying

    XRP’s Use Case

    However by highlighting how deeply XRP is woven into XRPL’s mechanics—and reminding traders that the altcoin’s quantity nonetheless outstrips every other asset in Ripple Funds—Schwartz despatched a transparent message: XRP’s use received’t fade, whilst stablecoins acquire floor.

    Primarily based on these feedback, Ripple seems to be taking a two-pronged strategy: use RLUSD the place value stability is essential, and depend on XRP for its confirmed liquidity and built-in function on the ledger.

    That technique may assist hold each tokens busy in numerous components of the crypto financial system, guaranteeing XRP stays related whilst new merchandise emerge.

    Featured picture from Unsplash, chart from TradingView



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Ethereum Drops 6% After Hitting $3,800, But Analysts See New ATH Ahead

    August 2, 2025

    Ethereum Taker Sell Volume Hits $335M In Just 2 Minutes: Panic Or Profit-Taking?

    August 1, 2025

    Ripple Exec Reveals What Will Drive The XRP Price Value

    August 1, 2025

    SEC Delays Appeal Withdrawal In Ripple Lawsuit, Pro-XRP Lawyer Says Expect To Hear Something In This Timeframe

    August 1, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    Archives
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    Archives
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    Top Posts

    Solo Miner Defies Odds After Mining Bitcoin Block Earning Over $330K

    June 5, 2025

    ad

    About us

    Welcome to SimonCrypto.in, your ultimate destination for everything crypto! Whether you’re a seasoned investor, a blockchain enthusiast, or just beginning your journey into the fascinating world of cryptocurrencies, we’re here to guide you every step of the way.

    At SimonCrypto.in, we are passionate about demystifying the complex world of digital currencies and blockchain technology. Our mission is to provide insightful, accurate, and up-to-date information to empower our readers to make informed decisions in the ever-evolving crypto space.

    Top Insights

    Binance Attracts $180 Billion in Stablecoin Deposits Year-to-Date

    June 3, 2025

    Bitcoin miners resist selling amid declining earnings

    June 26, 2025

    JPMorgan To Offer Clients Financing Against Bitcoin & Crypto ETFs

    June 5, 2025
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 SimonCrypto All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.