🔥 Ripple CTO Challenges Custodia Bank CEO in $XRP Debate 🔥
A fresh showdown has hit the crypto stage after Custodia Bank CEO Caitlin Long openly criticized Ripple, the XRP Ledger, and Ripple’s new stablecoin RLUSD during a recent podcast.
Long argued that XRP never became the “bridge currency” many banks envisioned, questioned its early funding origins, and suggested the U.S. Treasury would likely favor Ethereum over Ripple for tokenizing T-bills.
The XRP community didn’t stay silent. Well-known supporter Vet fired back, pointing out that:
🚫 XRP was never launched via an ICO
🌐 XRPL is decentralized, with 1,000+ active nodes
💱 XRP still powers Ripple’s global payment systems
💎 RLUSD is issued directly on XRPL, which features built-in tokenization & a native DEX
Then Ripple’s CTO, David Schwartz, stepped in — extending an open invitation to Caitlin Long for a fact-based, public discussion to set the record straight.
So far, Long hasn’t responded, but the stakes are clear: this debate isn’t just about Ripple vs. Custodia Bank — it’s about the future role of XRP in global finance.
📌 Will we see an open dialogue that could bridge perspectives, or will the clash deepen? The crypto world is watching.