CandleFocus Ripple CTO Puts End to XRP Usage Concerns
2024-10-28
Author: Content Editor
The CTO of Ripple, David Schwartz, has addressed concerns within the XRP community about the need for XRP in facilitating transactions on the XRPL. As Ripple prepares to launch RLUSD, a stablecoin, some individuals began questioning if XRP was still necessary on the XRPL. Schwartz emphasized that XRP is crucial for ensuring the network's security against spam attacks. Without XRP as a mandatory part of every transaction, the ledger could be overwhelmed with excessive requests, making it unstable. Schwartz's comments confirm that XRP will continue to play a central role on the XRPL, dispelling doubts stemming from the introduction of RLUSD.
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