Ripple CTO Highlights Why XRPL Stands Out in Blockchain Race

Ripple CTO David Schwartz has welcomed the rise of stablecoin and payment companies launching their blockchains. In a post on X, he said the trend proves the market now sees blockchain as vital to financial infrastructure. While many are only discovering its value, he noted Ripple has believed in this vision for over 13 years and built the XRP Ledger (XRPL) with that goal in mind.

We’ve been seeing more and more players in the payments and stablecoins space launch their own blockchains. To me, that’s a clear sign the market sees blockchain as core financial infrastructure — something we’ve believed in and have been building toward on the XRP Ledger for…
— David 'JoelKatz' Schwartz (@JoelKatz) August 13, 2025

Building More Than Just a Blockchain

Schwartz stressed that creating a blockchain is difficult, but building an ecosystem with trust, liquidity, and real-world adoption is even harder. He credited XRPL’s growth to its long record of updates, strong developer base, and institutional adoption.

The Ripple CTO contrasted XRPL with networks using permissioned validators that centralize control. While those systems help with compliance, they reduce resilience and global reach. In contrast, XRPL operates as a public, permissionless network but still offers optional permissioned features for regulated environments.

Low Fees and No Separate Gas Token

Schwartz highlighted XRPL’s predictable low fees and absence of a separate gas token. Users pay fees directly in XRP, which also acts as a bridge asset for cross-border payments. This, he argued, simplifies transactions and supports global liquidity.

He expressed satisfaction that newer chains are adopting XRPL-inspired features like deterministic finality and the Proof-of-Authority consensus model. These, he said, show the industry’s growing agreement on the need for predictable, reliable settlements for financial applications.

Looking ahead, Schwartz expects XRPL upgrades to boost programmability, increase liquidity, and add compliance-ready features for institutional use. He welcomed new blockchain developers into what he called a rapidly expanding industry, adding that innovation in the sector is accelerating.

Lanre Durojaiye

Mr. Durojaiye Olusola is a finance graduate and cryptocurrency writer with over a year of experience providing market insights and clear, well-researched analysis. Dedicated to helping readers understand blockchain trends and digital asset developments.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.