Ripple CTO Denies XRP Abandonment Rumors

David Schwartz, Ripple’s CTO, has refuted rumors that Ripple is abandoning XRP, which arose from his recent X post. Schwartz clarified that his statement did not reflect any real-world events but was a fictional pitch for a hypothetical movie. He emphasized that it should not be interpreted as a reflection of Ripple’s strategy regarding XRP. Despite the rumors, no signs exist that Ripple plans to abandon XRP. On the contrary, Ripple has been working to expand the XRP Ledger’s utility through strategic partnerships.