A heated dispute has erupted in the crypto space! 😲 Custodia Bank’s CEO Caitlin Long threw shade at Ripple, the $XRP Ledger, and its new RLUSD stablecoin during a Gold Goats ‘n Guns podcast. 🎙️ Her comments sparked a fiery response from Ripple’s CTO David Schwartz and the passionate $XRP community. 💪 Let’s dive into the drama! 🌩️
✨ The Comments That Lit the Fuse 💥
Long argued that XRP never fully delivered as a bridge currency for banks, pointing to Ripple’s early funding and network structure as reasons for institutional skepticism. 🏦 She suggested Ripple’s launch of RLUSD through regulated entities shows a pivot away from relying solely on the XRPL for global settlements. 🔄 Looking ahead, Long speculated that if the U.S. Treasury picks a blockchain for tokenizing Treasury bills, Ethereum would likely win over XRPL due to its wider adoption and tech maturity. 🏛️📈
✨ XRP Defenders Strike Back 🛡️
XRP supporter Vet wasn’t having it! 😤 On social media, he clapped back, explaining that XRP’s 100 billion tokens were pre-mined in the 2012 genesis ledger with no initial market value—nothing like an ICO. 🙅♂️ He defended XRPL’s decentralization, boasting over 1,000 nodes and 100+ independent validators worldwide. 🌍 Vet also highlighted XRPL’s unique features, like its native decentralized exchange and tokenization tools, and noted that RLUSD is issued on both XRPL and Ethereum to boost liquidity, not ditch XRPL. 💧📊
✨ Schwartz Throws Down the Gauntlet 🧤
Ripple’s CTO David Schwartz jumped into the fray, giving props to Vet’s rebuttal but taking it further. 🦸♂️ He invited Long to a face-to-face, fact-based showdown on X to clear up misconceptions about Ripple, XRP, XRPL, and RLUSD’s role in the blockchain world. 🎤 Will Long accept the challenge? 🤔 The crypto community is buzzing with anticipation! 🐝
This clash underscores the ongoing battle over decentralization and institutional trust in crypto. 🚨 Long’s skepticism echoes critics like Ethereum’s Vitalik Buterin, but Ripple’s defenders argue its transparency and tech are slept on. 😴 As of August 11, 2025, $XRP is holding strong at ~$3.07, with analysts eyeing a potential climb to $4 if the momentum keeps up. 📈💸
Stay tuned for updates on X or crypto news sites to see if this debate levels up! 🚀🔥
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