Ripple CTO David Schwartz has weighed in on the trend of payment and stablecoin companies embracing their own blockchains, asserting that it signifies blockchain’s essential role in modern financial infrastructure. In a post shared on X (formerly Twitter), Schwartz highlighted how this growing adoption reflects the long-held vision by Ripple to build an adaptable and scalable system for global payments, a vision reflected in its XRP Ledger (XRPL) since 2008. He argues that merely building a blockchain is only the first step—real success lies in crafting robust ecosystems with liquidity, developer engagement, and real-world integration. This was evident in XRPL’s continuous growth and consistent updates, contributing to its trust by institutions and widespread adoption. A new wave of players in payment and stablecoin sectors are launching their own blockchains. This trend demonstrates that blockchain is considered the foundation for modern financial infrastructure, something that Ripple has been cultivating for over a decade on the XRPL. Schwartz contrasts this with permissioned validator systems which often simplify compliance but can hinder scalability and resilience. XRPL’s public, permissionless model offers flexibility for both open and compliance-heavy environments while providing low and predictable transaction fees using XRP as a settlement mechanism. This enables efficient payments and cross-border transactions, reducing friction for end users. Schwartz points out that new blockchain projects are increasingly incorporating key XRPL features such as deterministic finality and Proof-of-Authority (PoA) consensus into their designs. These capabilities ensure fast, reliable settlements—essential for financial applications. This trend signifies a growing recognition of the standards upheld by XRPL for years. Looking forward, Schwartz predicts advancements in XRPL’s programmability, expanded liquidity options, and compliance features designed to meet institutional needs. He invites developers to join the rapidly growing ecosystem on XRPL, positioning it as a leading choice for real-world blockchain integration. Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.