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XRP Will Never Go Mainstream, But Ripple CTO Got on Stage to Show Real Target
In a recent address, Ripple’s Chief Technology Officer (CTO), David Schwartz, revealed the real target behind XRP’s mission, completely flipping the script on mainstream expectations. Critics had long claimed that XRP would never break into the mainstream, but Schwartz’s words have shed new light on the company’s true ambitions.
As highlighted by X Finance Bull, Ripple’s ambition is no longer focused solely on retail adoption, but rather it is geared towards structural relevance in the financial ecosystem. The CTO hinted that this is not a speculation-driven goal but rather an infrastructure-building endeavor.
Schwartz emphasized Ripple’s commitment to laying the groundwork for seamless settlement and cross-border transactions, effectively bridging the gap between traditional credit instruments and blockchain-native finance. This development goes far beyond the scope of weekend pump strategies, as it represents a strategic pivot in Ripple’s approach.
Moreover, Schwartz has also revealed that the company is building foundational infrastructure required by institutions, with its recent $1.25 billion acquisition of prime broker Hidden Road aiming to strengthen post-trade, clearing, and settlement capabilities on XRP Ledger. This gives Ripple direct access to the world of custody, financing, and securities lending.
In conclusion, skeptics may argue that XRP lacks retail buzz, but it is clear that Ripple’s long-term strategy goes beyond speculation-driven growth. As Ripple pushes forward with this ambitious plan, the critics will soon realize they underestimated XRP by a significant margin.
By Zaccheaus Ogunjobi
Source: timestabloid.com
