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Ripple’s privacy problem: Why banks still won’t touch XRP

Brad Garlinghouse spoke with a senior validator on the XRP Ledger to explain why institutions are still dissatisfied with privacy tooling.

XRP Ledger creator David Schwartz leaves Ripple role after 13 years

Schwartz, who has worked on XRP Ledger since 2011, previously admitted to selling off a large part of his XRP portfolio for $0.10 per token.

For years, XRP investors have targeted SWIFT but the interbank wire transfer giant just chose an Ethereum layer 2 blockchain instead.

Founders and early insiders of Ripple and its XRPL blockchain have sold billions of dollars worth of XRP since the network went live in 2012.

The XRP community cheered for Ripple after it believed the SEC approved the first spot XRP ETF today. Commissioners haven’t approved.