Ripple CTO Endorses New XRP DeFi Opportunity, Calls It a “Good Thing”

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The Crypto Basic 1 hour ago 144

Ripple CTO Endorses New <a href='https://market.bitrss.com/coin/ripple' rel='noopener' target='_blank' class='crypto-highlight' title='XRP Market Overview'>XRP ($2.04)</a> DeFi Opportunity, Calls It a “Good Thing”

Ripple’s CTO, David Schwartz, publicly endorses a major new initiative that expands the presence of XRP across the broader DeFi landscape. Notably, the initiative centers on Hex Trust’s launch of wrapped XRP (wXRP), a fully collateralized, 1:1-backed token.

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