In a rare direct dialogue on X, financial creator Andrei Jikh questioned Ripple's CTO David Schwartz about the future of XRP. Despite having over 300 banking partners and more than a decade of development, XRP has yet to achieve significant real trading volume.
🌐 Slow adoption speed – Why?
Schwartz acknowledged that organizations are still hesitant to use XRP due to legal and compliance concerns. Even Ripple has not dared to take advantage of XRPL DEX due to a lack of control over liquidity sources.
📉 Volatility – Barrier or Opportunity?
Jikh questioned the reason for using XRP instead of stablecoins. Schwartz rebutted: volatility can be a profit lever and is necessary to maintain liquidity as a bridge between digital assets.
⚖️ Stablecoin vs XRP – Who is the future?
Schwartz believes that stablecoins are always tied to fiat and subject to legal constraints. In a world of multiple stablecoins, XRP could serve as a neutral bridge, especially when trading less liquid assets like digital securities or tokenized loans.
🏗️ XRPL vs Private Blockchain?
When asked why not build a separate blockchain like Robinhood, Schwartz countered: just as Circle did not create a blockchain for USDC, using an open platform like XRPL maximizes interoperability and liquidity.
🌍 Geopolitics & Global Trust
Schwartz emphasized that XRPL is a decentralized protocol that does not discriminate against users based on nationality. Ripple also operates through globally licensed entities, although being headquartered in the U.S. remains a sensitive point in some contexts.
📌 Conclusion
Although there are still doubts about the speed of adoption and competition with stablecoins, XRP retains its potential bridging role. Ripple continues to pursue an enterprise strategy with the belief that technology – not geography – will determine global trust and liquidity.