DeFi· ★★· neutral·

Schwartz: XRPL Success Without Strong XRP Demand Is 'Very Unlikely'

  • —Schwartz said XRPL success without strong XRP demand is 'very unlikely'
  • —The argument rests on XRP's role in the XRP Ledger ecosystem
  • —Comments come amid debate over whether Ripple's bank deals drive XRP demand
Why it matters: The Ripple CTO's remarks push back on criticism that the company's institutional deals do not translate into demand for the token itself.
Source: CCN — Crypto News