Ripple’s Schwartz Addresses XRP Decentralization Concerns Amidst Ethereum Surge

Ripple’s Chief Technology Officer, David Schwartz, addressed concerns about the decentralization of XRP. Following questions from online users, Schwartz clarified that XRP has no central issuer and its full supply was generated at inception, contrasting traditional blockchains where token distribution continues. This comes as Ethereum prices surge past $2,600, potentially reaching $3,000 while Bitcoin transfers of over $879 million raise market speculation for institutional activity.