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Ripple

Ripple Cto Fires Back At Litecoin Influencer’s Xrp Critique
Crypto Trends

Ripple CTO Fires Back at Litecoin Influencer’s XRP Critique

by admin September 4, 2025



In a fiery exchange on X, Ripple’s Chief Technology Officer, David Schwartz, pushed back against recent criticism by Jonny Litecoin, a notable Litecoin influencer. The clash reignites a long-standing debate between supporters of proof-of-work (PoW) and proof-of-stake (PoS) consensus-based cryptocurrencies.

Jonny Litecoin took a jab at XRP in a September 2 post, arguing it lacks intrinsic value due to its creation mechanism. In his post, he claimed XRP is generated for free “out of thin air” via code, unlike Litecoin, which uses computational effort and energy through PoW—positioning it as a more “real” asset in comparison.

Schwartz, however, didn’t let the comment slide. In a September 4 post, he pointed out that XRP and Litecoin serve similar functions, but added that XRP’s energy efficiency makes it the more sustainable choice. 

Two products are equivalent except that one takes much more energy to make than the other. Which one do you think is the most likely to grow in popularity over time?

— David ‘JoelKatz’ Schwartz (@JoelKatz) September 3, 2025

Schwartz emphasized the environmental cost of mining-based currencies like Litecoin without denying the technical aspects of PoW. 

Debate Between PoW and PoS Consensus

Proof-of-Work (PoW) consensus requires miners to solve complex mathematical problems to validate transactions, consuming more computational power and energy, where miners can get a reward as well. Some of the popular blockchain using PoW are Bitcoin and Litecoin. 

Meanwhile, Proof-of-Stake (PoS) allows validators to stake their cryptocurrency to validate transactions. This consensus mechanism uses less energy, prioritizing those with larger holdings. While PoW is more decentralized but energy-intensive, PoS is energy-efficient but potentially less decentralized. Ethereum, XRP Ledger, and a number of other blockchain use PoS, where validators stake crypto assets to become validators and validate transactions. 

Energy Use vs. Perceived Value 

The dispute is just the latest flare-up in the broader ideological battle between PoW and PoS supporters. Last week, a post shared by Litecoin’s official X account stirred tensions further by mocking Ripple CEO Brad Garlinghouse and attacking XRP’s fundamentals. Despite backlash from the XRP army, the Litecoin side held firm.

Such discussions show how consumers’ and developers’ objectives are changing as cryptocurrency matures, shifting from mining bragging rights to energy-conscious solutions that can scale responsibly. 

Also Read: Ripple Launches RLUSD Across Africa With Local Exchanges





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September 4, 2025 0 comments
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Ripple Issues 5-Year Tokenization Prediction: Details
GameFi Guides

Ripple Issues 5-Year Tokenization Prediction: Details

by admin September 4, 2025


In its recent tweet, Ripple shared a five-year prediction for the tokenization market, stating that by 2030, 10% of global assets are expected to be tokenized.

By 2030, 10% of global assets are expected to be tokenized. 📶

To seize this opportunity, institutions need a foundation of trust: https://t.co/PnJ793K7Tk

Discover how Ripple Custody delivers enterprise-grade security and the infrastructure for:
🔒 Safekeeping of private keys…

— Ripple (@Ripple) September 3, 2025

Digital asset custody is anticipated to drive this adoption surge, with crypto assets under custody projected to reach $16 trillion by 2030. Custody, a core safekeeping capability, is the bedrock of institutional digital asset services ranging from tokenized real estate and treasuries to stablecoins and cryptocurrencies.

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In this light, Ripple Custody is gaining momentum. Société Générale FORGE, the crypto arm of French financial services company Société Générale, is issuing its EURO-backed stablecoin EURCV on XRP Ledger using Ripple Custody, while BDACS in South Korea custodies Ripple’s stablecoin Ripple USD (RLUSD).

In major news, USD-backed Ripple stablecoin RLUSD will be available to institutions in Africa through Ripple’s three new partnerships with Chipper Cash, VALR and Yellow Card.

XRP Ledger welcomes major amendment

In a major milestone for institutional and user adoption, the Credentials amendment is now active on XRPL’s mainnet.

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XRP Ledger blockchain explorer XRPScan highlighted this milestone in a tweet, reporting that the first Credential has been created on the XRPL mainnet.

Credentials are a set of tools for managing authorization and compliance requirements using XRP Ledger, adding three new transaction types for managing credentials. These are CredentialCreate transaction, which creates a credential in the ledger; CredentialAccept transaction, which accepts a credential issued, and CredentialDelete transaction, which deletes a credential from the ledger.

Credentials can be applied to attest to a compliance requirement like KYC and AML for a user or institution.





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September 4, 2025 0 comments
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Ripple Brings $700M RLUSD to Africa With Insurance Pilots for Climate Relief
Crypto Trends

Ripple Brings $700M RLUSD to Africa With Insurance Pilots for Climate Relief

by admin September 4, 2025



Ripple, the payments-focused digital asset firm, is expanding its U.S. dollar-backed stablecoin Ripple USD (RLUSD) to institutions in Africa through new partnerships with Chipper Cash, VALR and Yellow Card distributors.

The rollout aims to give businesses across the continent access to a stable, digital dollar designed for cross-border payments, liquidity and on-chain settlement, the company said in a Wednesday press release.

RLUSD, launched in late 2024 and issued by a New York trust company regulated by the state’s Department of Financial Services, has grown to over $700 million in supply on Ethereum ETH$4,409.72 and the XRP Ledger (XRP), RWA.xyz data shows. The token could be used for treasury operations, remittances and as collateral for trading tokenized assets such as commodities or securities, Ripple said.

Ripple’s expansion comes as stablecoins emerge as a cheaper and faster alternative to traditional payment channels, especially in emerging markets where access to reliable currencies and banking is often limited. In parts of Africa, residents already use digital dollars like USDT for savings or cross-border transfers, a report by Castle Island and Brevan Howard said. RLUSD’s entry introduces a regulated alternative aimed squarely at institutional users, a segment that faces challenges accessing stable liquidity in local currencies.

In parallel, Mercy Corps Ventures is testing RLUSD in climate risk insurance initiatives in Kenya. In one trial, the stablecoin funds are released automatically when satellite data signals drought conditions. Another pilot underpins rainfall insurance, with payouts triggered by extreme weather events.

Read more: Ripple to Buy Stablecoin Payments Firm Rail for $200M to Boost RLUSD



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September 4, 2025 0 comments
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Breaking: Ripple Brings RLUSD to Africa
NFT Gaming

Breaking: Ripple Brings RLUSD to Africa

by admin September 4, 2025


San Francisco-headquartered blockchain firm Ripple has announced that it is bringing its Ripple USD (RLUSD) stablecoin to Africa. 

The expansion has been achieved by securing partnerships with three major African players, including payments app Chipper Cash, cryptocurrency exchange VALR, and payments company Yellow Card. 

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Africa has long been a major cryptocurrency hub, with local economies suffering from currency volatility as well as capital controls. Ripple has also noted that local residents have to deal with expensive cross-border payments. 

In Kenya, the stablecoin is also gaining traction when it comes to drought insurance, with a similar pilot also covering rainfall insurance. 

RLUSD’s global expansion 

RLUSD, which was launched last week, became available on various exchanges that span multiple regions. Such exchanges include Bitso and CoinMENA. 

As reported by U.Today, the RLUSD token recently secured regulatory approval from the Dubai Financial Services Authority (DFSA).

According to CoinGecko data, the market capitalization of RLUSD recently surpassed the $700 million level.



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September 4, 2025 0 comments
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Ripple
Crypto Trends

Ripple Vs. SWIFT Battle Heating Up As Exec Lands Major Blow To XRP

by admin September 3, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ripple and SWIFT’s battle for dominance is heating up, with an executive at the latter taking a dig at XRP, the bridge currency for the crypto firm’s payment service. The executive also explained why businesses are unlikely to trust Ripple despite the conclusion of the SEC lawsuit. 

SWIFT Executive Makes Criticism Against Ripple and XRP

SWIFT Chief Innovation Officer (CIO) Tom Zschach said on LinkedIn that surviving lawsuits isn’t resilience, in response to a post that praised Ripple and XRP for battling through the SEC lawsuit. The executive claimed that neutral and shared governance is what resilience is about and that institutions won’t want to live on a competitor’s rail. 

With his comment, Zschach again raised the issue of centralization in the XRP ecosystem. The XRP Ledger and its native token have been largely criticized as being majorly dominated by Ripple, although the crypto firm has denied this. With his statement, the SWIFT CIO also suggested that most institutions won’t want to use the XRP Ledger or XRP since Ripple is a direct competitor to them. 

Notably, Ripple has applied for a national banking license, which, if approved, would put it in the same league as banks that the crypto firm aims to onboard onto its payment rail. This is unlike SWIFT, whose operation is simply to serve these banks and doesn’t operate as a competition to them. However, Ripple’s payment solutions utilize blockchain technology, which is faster, giving it an edge over SWIFT. 

Interestingly, Zschach’s comment comes at a time when Ripple executives are being criticized for dumping XRP, with crypto pundit Bitlord threatening to take action against the crypto firm if they don’t stop selling their holdings. 

The crypto pundit opined that the crypto firm may be selling their holdings because they are unprofitable and are facing too much competition. Bitlord also opined that governments won’t adopt Ripple’s technology and that banks will choose to launch their payment rails instead of using the crypto firm’s.

Ripple Is Going About Compliance The Wrong Way

The SWIFT CIO also responded to the praise about how Ripple has been vocal about prioritizing compliance by working hand-in-hand with regulators. Zschach said that compliance isn’t about one company convincing regulators that it should be allowed to operate. Instead, he said that it is about an entire industry agreeing on shared standards that no single balance sheet controls. 

It is worth mentioning that XRP Scan data shows that the top seven XRP holders are Ripple escrow accounts. These wallet addresses alone collectively hold about 32% of the token’s total supply. This explains why the XRP Ledger continues to be criticized for not being as decentralized as other blockchain networks. On-chain sleuth ZachXBT recently described XRP holders as “exit liquidity” for insiders.

XRP trading at $2.83 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 3, 2025 0 comments
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Ripple Shows How It Can Improve Institutional Tokenized Asset Self-Custody
NFT Gaming

Ripple Shows How It Can Improve Institutional Tokenized Asset Self-Custody

by admin September 3, 2025


SBI CEO Yoshitaka Kitao has shared Ripple’s recent blog post about the future of tokenized assets and Ripple’s role in making it real.

Now that the world is moving deeper into digital assets and blockchain tech, Ripple has stated that institutions are seeking “a digital asset custody solution that delivers the same robust services and protections they’ve long relied on for traditional assets: impenetrable security, seamless trading access.”

The company believes that over the next five years, at least 10% of all the world’s assets will be tokenized and stored/traded on-chain. Ripple has shared that all that financial institutions are looking for now is provided by its solution called Ripple Custody.

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Ripple Custody can give institutions what they seek

Ripple Custody offers three crucial use cases to enable financial institutions “to transform high-level digital asset potential into operational reality”: core safekeeping, stablecoin issuance, and governance.

Core safekeeping of assets is vital since the lack of it will result in the permanent loss of assets or in unauthorized access to billions of dollars worth of digital assets through the loss of private keys.

To solve this issue, Ripple Custody offers “bank-grade infrastructure, robust compliance frameworks, high reliability, and flexible deployment options. By 2030, the worth of crypto assets under custody is projected to reach a whopping $16 trillion.

Another use case Ripple offers to financial institutions is they expand their active presence in the digital asset sphere is stablecoin issuance. Stablecoins are becoming increasingly popular as tools for payments, remittances, and operations with collateral.

Using Ripple Custody, institutional clients can mint, burn, and manage their stablecoins in all other accessible ways using the XRP Ledger or any blockchain compatible with Ethereum’s EVM. Ripple has its own stablecoin, RLUSD, which is a ready-made solution for institutions already if they do not want to bother creating their own stablecoin.

The third solution offered by Ripple to institutions is to help them configure their digital asset governance policies and align with regulatory demands.



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September 3, 2025 0 comments
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Ripple Mints More RLUSD. Is Top 5 Close?
GameFi Guides

Ripple Mints More RLUSD. Is Top 5 Close?

by admin September 2, 2025


  • $700 million milestone 
  • Top 5 remains out of reach 

Enterprise blockchain company Ripple has minted an additional 10 million tokens, according to the most recent data. 

This is the first minting event that has been recorded so far during September. 

Prior to this, Ripple issued an additional 15 million tokens on Aug. 29. 

Last August, the company minted a total of 60 million tokens, with the vast majority of these tokens being launched on the Ethereum network. At the same time, 20 million RLUSD tokens were burned (permanently removed from circulation) during the same period of time, meaning that there were an additional 40 million RLUSD tokens. 

$700 million milestone 

According to CoinGecko data, the market cap of RLUSD currently stands at $711 million. 

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It took Ripple a little over a month to add an additional 200 million tokens. As reported by U.Today, the highly regulated stablecoin, which was initially launched in December, managed to surpass $500 million in total assets in late July. 

Top 5 remains out of reach 

As reported by U.Today, Ripple executives have repeatedly stated that they had aimed to reach the top 5 of the biggest stablecoins by the end of the current year. 

However, this target remains far-fetched for the stablecoin despite Ripple’s latest minting spree. 

RLUSD is on track to record PAX Gold (PAXG), which currently has a market cap of $1 billion. 

Ripple’s stablecoin will also have to catch up with PayPal’s PYUSD, which currently boasts a market cap of nearly $1.2 billion. 

After this, RLUSD would have to surpass six more stablecoins in order to break into the top 5, which does not seem feasible in 2025. 



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September 2, 2025 0 comments
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Gigantic $6,080,413,883 XRP Move Stuns Ripple Wallets: What's Going On?
NFT Gaming

Gigantic $6,080,413,883 XRP Move Stuns Ripple Wallets: What’s Going On?

by admin September 2, 2025


As expected, the first day of September brought Ripple escrow transactions, and as always the scale is hard to miss. Whale Alert tracked several transfers in quick succession: 500,000,000 XRP equivalent to $1,380,340,882 were unlocked and sent to a Ripple wallet. Then, 300,000,000 XRP worth $830,158,847 and 200,000,000 XRP equal to $553,278,406 were unlocked.

Not all of that supply will hit the market, however. By the end of the sequence, Ripple returned 700,000,000 XRP to escrow: 400,000,000 XRP valued at $1,104,530,305 and 300,000,000 XRP valued at $828,023,264.

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This results in a net release of 300,000,000 XRP for September, which is consistent with the company’s usual pattern of unlocking 1 billion, distributing some of it and relocking what’s left.

Why does Ripple shuffle XRP?

This system was introduced years ago to make XRP’s circulating supply more predictable. Each month, Ripple opens a fresh tranche of 1 billion XRP from escrow. The tokens are available for use in Ripple’s ecosystem or for institutional demand.

Whatever remains unused, however, is locked back for a later cycle. It’s a rolling mechanism that currently covers about 35.6 billion XRP in escrow.

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Net supply increases can weigh on price action, while larger relocks reduce that pressure. This time, the balance appears moderate: 300 million XRP were freed up, worth just over $830 million at the current value, with most of it pushed back into long-term hold.



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September 2, 2025 0 comments
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Ripple CTO on How XRP, RLUSD Drive Liquidity on AMM: Details
NFT Gaming

Ripple CTO on How XRP, RLUSD Drive Liquidity on AMM: Details

by admin August 30, 2025


In recent replies on social media X, Ripple CTO David Schwartz explains AMM liquidity pools in relation to the Ripple USD (RLUSD) stablecoin. This was in response to an X user who had sought clarification as regards the subject matter.

The pool holds half RLUSD and half XRP. The assumption of the pool is that LP token holders want to be long XRP and to profit from XRP volatility.

— David ‘JoelKatz’ Schwartz (@JoelKatz) August 30, 2025

Automated Market Maker (AMM) on XRP Ledger uses liquidity pools instead of traditional order books to facilitate trades. The AMM functionality was enabled with the amendment XLS-30D in March 2024.

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The clawback amendment, which went live in January this year, enabled Ripple’s RLUSD stablecoin to be floated and traded directly on XRP Ledger’s DEX, boosting its liquidity and trading options and increasing decentralized finance (DeFi) activity on the XRPL network.

RLUSD AMM liquidity pool explained

According to Schwartz, the AMM liquidity pool holds a pile of RLUSD and XRP, each of roughly equal value. It also issues tokens that represent claims against the pool for a proportional share of its assets.

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When the price of XRP goes down, the pool converts RLUSD to XRP to equalize the values; on the other hand, when XRP price goes up, the pool converts XRP to RLUSD for value equalization.

The aim is to always increase the value of the pool constant (the amount of RLUSD times the amount of XRP divided by the number of issued tokens outstanding) and never to allow it to decrease.

According to the Ripple CTO, the idea behind the AMM liquidity pool is that, regardless of whether XRP’s price takes a round trip, the value of each liquidity token would serve to maximize the pool constant.

The value of the liquidity tokens in the pool can also increase as individuals use the pool as a liquidity source to trade XRP for RLUSD and pay a spread. The Ripple CTO stated that while the tokens gain and lose value with changes in XRP’s price, it may be less significant than those experienced by holding only XRP.

In further responses, the Ripple CTO explained that since the liquidity pool holds half RLUSD and half XRP, the assumption is that the token holders want to be long on XRP and profit from its volatility.





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August 30, 2025 0 comments
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Best Altcoins to Buy Now as Ripple CEO Predicts $25T Crypto Market by 2030
Crypto Trends

Best Altcoins to Buy Now as Ripple CEO Predicts $25T Crypto Market by 2030

by admin August 30, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The total crypto market cap has grown by nearly 400% in the last three years, from $727B in October 2022 to a staggering $3.72T at the time of writing.

That kind of growth is unheard of in traditional stock market indices. But wait until you hear what Ripple CEO Brad Garlinghouse thinks is next for crypto.

Garlinghouse believes the crypto market could expand by another ~600% over the next five years, potentially reaching a $25T market cap by 2030.

Keep reading to discover why Ripple’s boss predicts such explosive growth for crypto, his insights on Ripple’s own token, $XRP, and how you can position yourself for this potentially outrageous rally by loading up on the best altcoins to buy now.

Why Fiat Instability Fuels the Case for Crypto

Garlinghouse cited the vulnerability of traditional fiat currencies as the biggest reason behind his extremely bullish crypto outlook.

He explained that macroeconomic pressures on fiat are all but certain to intensify in the coming years, which could push traditional currencies toward devaluation and long-term instability.

Amid such uncertainty, digital assets provide more than just hope; they’re built specifically to plug the holes in the global financial system, offering transparency, efficiency, and inflation-resistant store of value that fiat currencies simply can’t match.

XRP’s Role in Crypto’s Growth

As one of the biggest cryptocurrencies targeting the cross-border payments market, many believe $XRP could become one of the biggest success stories in the next few years.

Lord XRP, a crypto enthusiast with 77K+ X followers, explained that since XRP was designed to handle banking transactions (even in the range of 4-5 figures), Ripple is well on its way to becoming a ‘world bank.’

All in all, with prominent industry voices bullish on crypto’s long-term growth, everyday investors will fare extremely well if they simply exercise patience during slightly deeper consolidations like the one we’re seeing now.

In fact, now’s the perfect time to beef up your crypto portfolio with low-cap, high-upside tokens that are well-positioned to ride the upcoming boom.

1. Snorter Token ($SNORT) – Powering a Telegram Trading Bot for Meme Coin Sniping

Snorter Token ($SNORT) is one of the best cryptos to buy now for those looking to ride the explosive growth of the meme coin market.

While altcoins continue to dominate crypto discussions, the meme coin segment alone has grown by more than 70% in the past year, proving there’s so much more juice in it than many realize.

$SNORT powers the Snorter Bot, a new Telegram-native trading bot designed to level the playing field between institutional players and everyday meme coin traders.

How? By allowing retail investors to set buy/sell orders in advance, and then automatically executing them the moment liquidity kicks in.

As a result, you’ll finally get the chance to participate in those early meme coin pumps, where life-changing gains are usually made.

Security is another standout. Snorter offers protection against a wide range of on-chain threats, including front-running, rug pulls, honeypots, and even advanced sandwich attacks.

By buying $SNORT, you’re positioning yourself to ride the adoption of Snorter Bot while unlocking a slew of exclusive benefits along the way:

  • A potential 800% ROI by year-end, according to our $SNORT price prediction
  • Reduced trading fees: just 0.85% compared to 1.50% charged to non-holders
  • No daily sniping limits
  • Advanced analytics
  • Staking rewards, currently yielding 128%

Currently in presale, $SNORT has already pulled in over $3.55M from early investors, with each token available at just $0.1027.

Visit Snorter Token’s official website for more information.

2. Maxi Doge ($MAXI) – Community-Backed Meme Coin Aiming to Overtake Dogecoin

Maxi Doge ($MAXI) might not have a shiny whitepaper or game-changing technology, but its absurd mission to overthrow Dogecoin as the best meme coin on the planet has already gathered plenty of hype and community support.

The project has raised over $1.66M in early investor funding, proving that degen investors are hungry for a wild, rage-fueled meme coin.

What’s Maxi Doge, really? Believe it or not, Maxi is Dogecoin’s distant cousin. But the two are anything but close.

Dogecoin’s popularity left Maxi in the shadows growing up, as the elder, more ‘wholesome’ Shiba Inu hogged all the limelight at family gatherings.

That’s when Maxi found solace in the gym and in front of the charts, where he built big muscles and chased even bigger gains.

Now, backed by a fierce community of $MAXI holders who all subscribe to his mantra of ‘never skip leg day, never skip a pump’, the dawg is ready to take the market by storm.

In addition to allocating a chunky 40% of its total token supply to marketing, $MAXI will also host regular holder-only events, including weekly trading competitions and leaderboard prizes, all aimed at amplifying the noise around it.

Interested? Join the tribe by buying $MAXI at just $0.0002545 apiece. Hurry up, though, because the price will increase in just a few hours.

Check out Maxi Doge’s official website for more information.

3. Ethereum ($ETH) – Digital Silver Prepping for a Fresh Breakout

Ethereum ($ETH) has undoubtedly been the talk of the crypto town over the past two weeks, with whales pouring big money into the ‘digital silver.’

For instance, BlackRock recently snapped up more than $314M worth of Ethereum, while Goldman Sachs and Jane Street grabbed a combined 192.5K $ETH.

More notably, Thomas Lee, a significant voice in the crypto space, explained that while Wall Street once dismissed Ethereum for being slower than Solana or Sui, institutions are now betting big on it because of its ability to deliver 100% uptime – something non-negotiable for big-money players.

‘If ETH stays above $4,800, we could see a really big cycle,’ Lee added.

That prediction looks even stronger when you consider that a massive $4.65B worth of shorts would be liquidated if Ethereum retests its all-time high.

Although $ETH has been red all week, the drop isn’t as bad as it looks – because its weekly candle remains within last week’s range.

According to the technical playbook, this forms a classic ‘inside candle’ pattern, and a breakout here could trigger an explosive rally.

Wrapping Up

With Ripple’s CEO projecting a nearly tenfold increase in crypto’s valuation by 2030, the stage is set for promising altcoins like $SNORT, $MAXI, and $ETH to shine in the upcoming bull run.

That said, kindly bear in mind that crypto investments are highly risky. Also, none of the above is financial advice, and you must always do your own research before investing.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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August 30, 2025 0 comments
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