In a striking video clip recently shared by XRP Governor on X, Ripple’s Chief Technology Officer, David Schwartz, shed light on a major strategic shift within the company. According to Schwartz, Ripple’s focus has moved away from traditional banking institutions. The reason? Banks are simply too slow, too conservative, and ultimately not the future of XRP’s success.
Moving Beyond the Banks
Reflecting on Ripple’s early strategy, Schwartz explained that banks once seemed like ideal partners because of the prestige and media attention they brought. “Banks, it’s very sexy when you close a deal with a bank,” he said. But despite the publicity, those partnerships rarely led to meaningful utility. “They are never going to be Ripple success stories,” he added, describing banks as overly cautious and unwilling to take the kind of risks that blockchain technology demands.
According to Schwartz, banks hesitate to pass on the benefits of Ripple’s innovations to their customers, fearing it may highlight their inefficiencies. This reluctance has led Ripple to rethink its priorities. Deals that once served as headline-grabbing milestones now feel hollow if they don’t result in real usage. “If all they want is a press release… now we’re like, hey, we want to move billions of dollars now,” he emphasized.
🚨 BREAKING: Ripple CTO shakes the industry —
“#XRP no longer needs banks.” 💥The game has changed. Decentralized liquidity is here.
Is this the dawn of a new financial order? pic.twitter.com/qWKI8qLIeC— XRP Governor (@xrpgovernor) July 15, 2025
From Press Releases to Real Volume
This shift in mindset marks a significant evolution for Ripple. The company is no longer interested in symbolic partnerships. Instead, it’s focused on generating real transaction volume and enabling faster, cheaper, and more reliable cross-border payments.
While banks were once seen as the gateway to institutional adoption, their reluctance to embrace innovation has left the door wide open for more agile players. Fintechs, money service businesses, and crypto-native platforms are stepping in to fill the gap, driving real-world adoption of XRP through Ripple’s On-Demand Liquidity (ODL) service and other decentralized tools.
The Rise of Decentralized Liquidity
Schwartz’s comments carry an even deeper implication: XRP no longer needs banks to thrive. With the rise of decentralized finance and tokenized real-world assets, XRP is finding new momentum outside of the traditional financial system. Ripple has already processed billions in transactions without relying on legacy banking rails. Instead, decentralized liquidity pools, crypto exchanges, and stablecoins are enabling a new era of financial freedom.
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Ripple’s ongoing development of EVM-compatible chains and support for stablecoin settlements signals a bold embrace of this decentralized future. It’s a future where utility, not reputation, drives adoption, and where XRP operates as the backbone of a more open, efficient financial network.
A Turning Point for Ripple and XRP
The message from Ripple’s CTO is clear: the game has changed. Banks may still have a role, but they’re no longer at the center of Ripple’s strategy. XRP is moving forward with or without them, powered by decentralized infrastructure and real-world use cases.
As shared by XRP Governor, Schwartz’s remarks signal a pivotal turning point, not just for Ripple, but for the global financial system. The age of decentralized liquidity has arrived, and XRP is ready to lead the charge.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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