XRP Will Never Go Mainstream, But Ripple CTO Got on Stage to Show Real Target
Ripple’s Chief Technology Officer (CTO) David Schwartz took the stage recently to reveal a shocking truth about XRP’s true potential. Despite the prevailing narrative that XRP will never go mainstream, Schwartz refocused attention towards a far more ambitious goal – connecting with the $130 trillion global credit market.
The crypto community has long been plagued by speculation and hype surrounding retail adoption, but it seems Ripple is not interested in the fleeting excitement of speculative trading. Instead, the company is investing its efforts into building institutional infrastructure that connects traditional finance to blockchain-native solutions.
Ripple’s acquisition of prime broker Hidden Road for $1.25 billion exemplifies this shift in focus. By integrating Hidden Road’s post-trade, clearing, and settlement capabilities onto the XRP Ledger, Ripple is positioning itself to directly access the world of custody, financing, and securities lending.
This move does not only grant Ripple entry into the lucrative institutional space but also signifies a major departure from retail-focused strategies that have long been criticized as unsustainable. Instead, Schwartz’s remarks underscore Ripple’s commitment to creating a structural impact on the financial landscape.
Regulatory momentum has also played its part in clearing the path for XRP’s real target. The US Securities and Exchange Commission (SEC) has approved the anticipated spot XRP ETF, sparking a new wave of mainstream recognition for the digital asset.
With the likes of Canary Capital’s XRPC spot ETF now listed on Nasdaq, and Franklin Templeton’s EZRP ETF launching days later, Ripple’s focus on institutional adoption is no longer speculation but a tangible reality.
Source: timestabloid.com