XPMarket Founder Criticizes Proposed XRP Ledger Amendments

Artur Kirjakulov, the founder of XPMarkets, has voiced his opposition to two key amendments planned for the XRP Ledger (Credentials and Permissioned Domains). He urges other validators to join him in rejecting these proposals. According to Kirjakulov, these amendments are geared toward hypothetical institutional use cases that currently lack sufficient demand. 3 DID transactions were recorded last month, a meager number, according to his analysis. He argues that RLUSD stablecoin usage is minimal and there’s no significant institutional presence on the ledger. Additionally, he contends that there are no genuine real-world asset applications on the XRPL chain.