{"id":871644,"date":"2025-09-09T02:12:14","date_gmt":"2025-09-09T07:12:14","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/09\/xrp-utility-under-fire-in-viral-social-media-debate-with-ripple-cto\/"},"modified":"2025-09-09T02:12:14","modified_gmt":"2025-09-09T07:12:14","slug":"xrp-utility-under-fire-in-viral-social-media-debate-with-ripple-cto","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/09\/xrp-utility-under-fire-in-viral-social-media-debate-with-ripple-cto\/","title":{"rendered":"XRP Utility Under Fire in Viral Social Media Debate With Ripple CTO"},"content":{"rendered":"<div>\n<h2>XRP Utility Under Fire in Viral Social Media Debate With Ripple CTO<\/h2>\n<div>\n<ul>\n<li>Andrei Jikh questioned XRP\u2019s utility, volatility, and real-world adoption after 13 years.<\/li>\n<li>Ripple CTO David Schwartz admitted slow on-chain adoption and cited regulatory, compliance, and liquidity issues.<\/li>\n<li>Debate reignited over XRP\u2019s relevance amid rising stablecoin and CBDC adoption in global payments.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<div>\n<p><strong>A viral Twitter thread by popular finance YouTuber Andrei Jikh reignited scrutiny over XRP\u2019s real-world utility. The post prompted Ripple CTO David Schwartz and other crypto figures to publicly respond. <\/strong>The exchange laid bare the growing tension between XRP\u2019s original promise and its current adoption status, despite Ripple\u2019s claims of over 300 bank partnerships.<\/p>\n<h2 id=\"h-why-xrp-ledger-doesn-t-have-more-on-chain-volume\">Why XRP Ledger Doesn\u2019t Have More On-Chain Volume<\/h2>\n<p>Andrei Jikh, with over 2.5 million subscribers, questioned why, after 13 years, there isn\u2019t <strong>billions in daily on-chain volume<\/strong> flowing through the <a href=\"https:\/\/beincrypto.com\/arthur-britto-cryptic-tweet-xrpl\/\" target=\"_blank\" rel=\"noreferrer noopener\">XRP Ledger (XRPL)<\/a>.\u00a0<\/p>\n<p><small>Sponsored<\/small><\/p>\n<p><small>Sponsored<\/small><\/p>\n<p>He challenged the idea that XRP, as a bridge currency, still solves a meaningful problem in a world increasingly dominated by <a href=\"https:\/\/beincrypto.com\/us-house-advances-genius-act-clarity-bill\/\" target=\"_blank\" rel=\"noreferrer noopener\">stablecoins and central bank digital currencies (CBDCs)<\/a><strong>.<\/strong><\/p>\n<blockquote>\n<p>\u201cIf XRP is volatile, why use it over stablecoins for transfers?\u201d Jikh <a href=\"https:\/\/x.com\/andreijikh\/status\/1950422878484386213\" target=\"_blank\" rel=\"noreferrer noopener\">asked<\/a>. \u201cWhy would any institution want to hold a volatile token for payments?\u201d<\/p>\n<\/blockquote>\n<p>The thread quickly gained traction, sparking thousands of reposts and drawing responses from Ripple\u2019s top technologist and community leaders.<\/p>\n<h2 id=\"h-even-ripple-doesn-t-use-xrp-on-decentralized-exchanges\">Even Ripple Doesn\u2019t Use XRP On <a href=\"https:\/\/beincrypto.com\/learn\/decentralized-exchanges\/\">Decentralized Exchanges<\/a><\/h2>\n<p>Ripple CTO, David Schwartz, acknowledged the <a href=\"https:\/\/beincrypto.com\/sbi-ceo-lauds-ripple-permissioned-dex-demand\/\" target=\"_blank\" rel=\"noreferrer noopener\">sluggish pace of on-chain adoption<\/a>. He attributed it to regulatory and compliance concerns.<\/p>\n<blockquote>\n<p>\u201cEven Ripple can\u2019t use the XRPL DEX for payments yet,\u201d Schwartz admitted, citing the risk of a <strong>terrorist providing liquidity<\/strong>, a scenario that complicates usage by regulated entities. He pointed to upcoming features like <strong>permissioned domains<\/strong> as solutions to this barrier.<\/p>\n<\/blockquote>\n<p>On the <a href=\"https:\/\/beincrypto.com\/xrp-price-smart-money-bullish-pattern\/\" target=\"_blank\" rel=\"noreferrer noopener\">volatility question<\/a>, Schwartz said XRP\u2019s speed minimizes risk and likened its use to holding a bridge currency for flexibility.<\/p>\n<p><small>Sponsored<\/small><\/p>\n<p><small>Sponsored<\/small><\/p>\n<blockquote>\n<p>\u201cA bridge currency only works if someone is holding it so that you can get it precisely when you need it,\u201d he explained.<\/p>\n<\/blockquote>\n<p>Still, he admitted that institutional comfort with on-chain transparency remains a challenge. Apparently, Ripple is exploring ways to <strong>obscure sensitive data<\/strong> on-chain for early adopters.<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"751\" height=\"663\" src=\"https:\/\/beincrypto.com\/wp-content\/uploads\/2025\/07\/image-404.png\" alt  ><figcaption>Ripple CTO Talks About XRP Utility<\/figcaption><\/figure>\n<h2 id=\"h-debate-over-stablecoins-vs-xrp\">Debate Over Stablecoins vs XRP<\/h2>\n<p>One of the sharpest points of debate centered on whether XRP is still needed as a bridge currency when <strong>stablecoins can already serve that role.<\/strong><\/p>\n<p><small>Sponsored<\/small><\/p>\n<p><small>Sponsored<\/small><\/p>\n<p>Schwartz argued that no single <a href=\"https:\/\/beincrypto.com\/learn\/what-is-stablecoin\/\">stablecoin<\/a> can dominate due to jurisdictional limits and currency peg constraints.<\/p>\n<blockquote>\n<p>\u201cIf we\u2019re in a multi-<a href=\"https:\/\/beincrypto.com\/learn\/what-is-stablecoin\/\">stablecoin<\/a> world, it still makes sense to have a neutral bridge asset like XRP,\u201d he said.<\/p>\n<\/blockquote>\n<p>But Jikh pushed back, questioning the practical need for XRP in that scenario, especially when CBDCs or local stablecoins could provide the same service without exposure to price <a href=\"https:\/\/beincrypto.com\/learn\/what-causes-bitcoins-volatility\/\">volatility<\/a>.<\/p>\n<p>Others joined the thread to offer both support and criticism.<\/p>\n<p>Former Ripple Director Matt Hamilton clarified that most Ripple bank partners use RippleNet, a separate off-chain network, and not the public XRPL.\u00a0<\/p>\n<p>He emphasized that <a href=\"https:\/\/beincrypto.com\/ripple-xrp-ledger-swift-liquidity-prediction\/\" target=\"_blank\" rel=\"noreferrer noopener\">RippleNet and XRPL are distinct<\/a>. Ripple\u2019s enterprise adoption hasn\u2019t necessarily translated into on-chain XRP volume.<\/p>\n<p><small>Sponsored<\/small><\/p>\n<p><small>Sponsored<\/small><\/p>\n<figure>\n<div>\n<blockquote data-width=\"500\" data-dnt=\"true\">\n<div lang=\"en\" dir=\"ltr\">\n<p>I\u2019m pretty sure you\u2019ve had all of these answered before over the years. But for the benefit of those new here let me run through them point by point <\/p>\n<p>1. Majority of Ripple\u2019s banking partners are not using on-chain yet. Most are on RippleNet, a totally different network to the\u2026<\/p>\n<\/div>\n<p>\u2014 Matt Hamilton (@HammerToe) <a href=\"https:\/\/twitter.com\/HammerToe\/status\/1950473926804406632?ref_src=twsrc%5Etfw\">July 30, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Meanwhile, critics claimed that <strong>many partnerships never materialized<\/strong>. They pointed to XRP\u2019s <strong>low Total Value Locked (TVL)<\/strong>, lack of smart contract support, and its <strong>centralized validator set<\/strong> as evidence that the project is no longer competitive.<\/p>\n<p><small>Sponsored<\/small><\/p>\n<p><small>Sponsored<\/small><\/p>\n<blockquote>\n<p>\u201cXRP is only a gas token now\u2026 ranked 48th in TVL,\u201d one critic said. \u201cWhy would any institution opt for XRPL when Ethereum offers better decentralization and composability?\u201d<\/p>\n<\/blockquote>\n<p>Jikh also questioned why <a href=\"https:\/\/beincrypto.com\/blackrock-ibit-customer-magnet-bitcoin-etf\/\" target=\"_blank\" rel=\"noreferrer noopener\">companies like BlackRock<\/a> would choose XRPL for <a href=\"https:\/\/beincrypto.com\/learn\/blockchain-tokenization\/\">tokenization<\/a> when they could build proprietary or Ethereum-based solutions, as <a href=\"https:\/\/beincrypto.com\/arb-price-pumps-but-demand-falls\/\" target=\"_blank\" rel=\"noreferrer noopener\">Robinhood did with Arbitrum<\/a>.<\/p>\n<p>Schwartz responded with an analogy to Circle, which doesn\u2019t run its own blockchain for USDC. The Ripple CTO implied that <a href=\"https:\/\/beincrypto.com\/interoperability-gaming-and-the-metaverse\/\" target=\"_blank\" rel=\"noreferrer noopener\">multi-chain deployment and interoperability<\/a> are more important than exclusive control.<\/p>\n<p>The viral thread exposed a core challenge for Ripple. That is bridging the gap between institutional adoption and on-chain XRP utility.\u00a0<\/p>\n<\/div>\n<div>\n<p>Disclaimer<\/p>\n<div>\n<p>In adherence to the <a href=\"https:\/\/beincrypto.com\/trust-project\/\" target=\"_blank\" rel=\"noopener noreferrer\">Trust Project<\/a> guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our <a href=\"https:\/\/beincrypto.com\/terms-and-conditions\/\" target=\"_blank\" rel=\"noopener noreferrer\">Terms and Conditions<\/a>, <a href=\"https:\/\/beincrypto.com\/privacy-policy\/\" target=\"_blank\" rel=\"noopener noreferrer\">Privacy Policy<\/a>, and <a href=\"https:\/\/beincrypto.com\/disclaimer\/\" target=\"_blank\" rel=\"noopener noreferrer\">Disclaimers<\/a> have been updated.<\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/beincrypto.com\/xrp-utility-ripple-cto-viral-debate\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP Utility Under Fire in Viral Social Media Debate With Ripple CTO Andrei Jikh questioned XRP\u2019s utility, volatility, and real-world adoption after 13 years. Ripple CTO David Schwartz admitted slow on-chain adoption and cited regulatory, compliance, and liquidity issues. Debate reignited over XRP\u2019s relevance amid rising stablecoin and CBDC adoption in global payments. A viral [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":871645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1584,26854],"tags":[],"class_list":["post-871644","post","type-post","status-publish","format-standard","has-post-thumbnail","category-under","category-utility"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/871644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=871644"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/871644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/871645"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=871644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=871644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=871644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}