{"id":57154,"date":"2025-11-06T20:01:30","date_gmt":"2025-11-06T20:01:30","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=57154"},"modified":"2025-11-06T20:01:30","modified_gmt":"2025-11-06T20:01:30","slug":"ripple-cto-explains-real-value-of-xrp-ledger-and-why-it-doesnt-trigger-price-rallies","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=57154","title":{"rendered":"Ripple CTO Explains Real Value Of XRP Ledger And Why It Doesn\u2019t Trigger Price Rallies"},"content":{"rendered":"
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Ripple Chief Technology Officer (CTO) David Schwartz<\/a> has commented on the XRP Ledger\u2019s (XRPL) real value and the network\u2019s focus. He also declared that the XRPL doesn\u2019t trigger rallies for the XRP price but noted that it makes the token more valuable due to its role on the network.\u00a0<\/p>\n

Ripple CTO Explains XRP Ledger\u2019s Utility And Impact On XRP Price<\/h2>\n

In an X post<\/a>, the Ripple CTO stated that the XRP Ledger was designed to provide a fast, cheap, and reliable native token, DEX, and payment system for people who needed those features. This came as he noted that the XRPL<\/a> was not designed to increase the price of XRP or make it \u201cgo up.\u201d<\/p>\n

However, the Ripple CTO<\/a> admitted that greater adoption and use of the XRP Ledger will add value to XRP. He explained that this would happen because of the token\u2019s privileged position on the network. XRP is said to be the only asset on the network with no counterparty that anyone can hold. He added that the token is \u201c jurisdictionless\u201d and favored by autobridging.\u00a0<\/p>\n

The Ripple CTO had previously stated<\/a> that XRP would remain the bridge currency of the XRP Ledger, despite the emergence of the RLUSD stablecoin<\/a>. He noted that there were several stablecoins, making it impossible for any of them to serve as the bridge currency. Schwartz also indicated that XRP was more dominant than these stablecoins since it is more generally accepted worldwide.\u00a0<\/p>\n

Meanwhile, the Ripple CTO also addressed those who were concerned about the short to medium-term XRP price action<\/a>. He stated that he is not convinced that utility matters beyond having a stable, reliable network that ensures XRP remains scarce, fungible, censorship-resistant, and easy to hold and transfer.\u00a0<\/p>\n

Ripple Adds New Utility For XRPL And RLUSD<\/h2>\n

In a press release<\/a>, Ripple announced a collaboration with Mastercard, WebBank, and Gemini to explore the use of RLUSD on the XRP Ledger. The crypto firm stated that the initiative is designed to enable RLUSD to facilitate blockchain-based settlement processes between Mastercard and WebBank, which issued the Gemini credit card<\/a>. The crypto exchange has launched several credit cards, including one for XRP.\u00a0<\/p>\n

Notably, Ripple revealed that this initiative will start with the Gemini XRP card, a move that pro-XRP lawyer Bill Morgan<\/a> believes could boost XRP\u2019s adoption. In an X post<\/a>, he noted that the number of XRP transactions has increased from a pre-issue baseline since Ripple first issued the RLUSD. He also referenced a community member\u2019s view that Ripple\u2019s new initiative could increase XRP\u2019s transaction volume once the RLUSD settlement goes live on-chain.\u00a0<\/p>\n

At the time of writing, the XRP price is trading at around $2.34, up over 4% in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>\n

\"Ripple\"<\/div>\n","protected":false},"excerpt":{"rendered":"

Ripple Chief Technology Officer (CTO) David Schwartz has commented on the XRP Ledger\u2019s (XRPL) real value and the network\u2019s focus. He also declared that the XRPL doesn\u2019t trigger rallies for the XRP price but noted that it makes the token more valuable due to its role on the network.\u00a0 Ripple CTO Explains XRP Ledger\u2019s Utility […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-57154","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/57154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57154"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/57154\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}