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Ripple CTO Reveals Rare 2013 XRP Ledger Use: Details
In a recent revelation, Ripple’s Chief Technology Officer (CTO), David Schwartz, disclosed the use of XRP Ledger in 2013. This rare usage has garnered significant attention and sparked curiosity among cryptocurrency enthusiasts.
In June of this year, Ripple announced an extension of their collaboration with Archax, which aimed to bring hundreds of millions of dollars’ worth of tokenized real-world assets onto XRP Ledger over the next year. This ambitious endeavor is expected to establish XRP Ledger as a leading blockchain for real-world asset tokenization.
The CTO’s admission highlights the early experiment, stating that they utilized the technology in 2013. This acknowledgment underscores Ripple’s dedication to innovation and its vision for the future of the industry.
In further developments, the company recently launched the first-ever tokenized money market fund on XRP Ledger through their collaboration with Abrdn, a leading asset manager. This historic milestone not only boosts Ripple but also solidifies XRP Ledger as an essential platform for real-world asset tokenization.
Launched on Dec 17, 2024, Ripple USD went live globally, marking another crucial step forward in the development of this technology.
Source: u.today
