Ripple CTO: XRPL Success Unlikely Without Strong XRP Demand
- —Schwartz: a world where XRPL succeeds but XRP lacks demand is very unlikely
- —XRP is the only native, counterparty-free asset on the XRP Ledger
- —XRP is required for transaction fees and account reserves
- —Even with bitcoin-dominant settlement, XRP would capture value bridging wrapped BTC
Why it matters: The remarks address a long-running community debate over whether XRPL adoption translates into XRP demand, though they do not change network fundamentals.
Source: U.Today