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Ripple CTO defends XRPL's low transaction volume: institutions tend to use digital assets off-chain rather than on-chain
07-30 13:50

Odaily Planet Daily reports that the community has questioned the project and transparency of Ripple, the company behind the cryptocurrency XRP. KOL Andrei Jikh stated that there is a lack of verifiable on-chain data to support Ripple's claim of having secured the cooperation of over 300 banks in its 13 years of operation. However, Ripple's CTO, David Schwartz, responded that the company has no issues with transparency, on-chain data, and institutional adoption, and that the main reason for XRP's low transaction volume is that institutions have historically preferred to use digital assets off-chain rather than on-chain. (Cointelegraph)

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Trump and Treasury Secretary Benson are actively searching for the next Federal Reserve chairman.
U.S. Trade Representative says tariff policy will remain largely unchanged
Hassett: Not eager to run Bureau of Labor Statistics
The Blue Origin spacecraft that Sun Yuchen took has been launched
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