Ripple’s XRPL Aims to Become a Comprehensive Financial Platform

In his recent X post, Ripple’s CTO Brad Schwartz highlighted the evolving nature of XRPL, which is moving beyond just cross-border payments to become a full-fledged financial ecosystem. Schwartz emphasized that XRPL can support stablecoins, tokenized assets, loans, and even decentralized finance (DeFi) functions. According to Schwartz, this wide range of instrument support demonstrates XRPL’s readiness for diverse applications.