Ripple’s Chief Technology Officer, David Schwartz, has announced the company’s intention to lessen its dependence on selling XRP through new revenue models. In his social media post, Schwartz emphasizes that increased pressure on XRP sales during price fluctuations is a disadvantage for everyone and proposes developing diverse income streams as a solution. He believes this could strengthen both Ripple’s financial stability and the market stability of XRP. [Insert more details about this specific statement] This move comes as Ripple has relied heavily on XRP sales to fund its operations, a strategy that has led to concerns regarding potential price drops impacting XRP’s value. [Explain why this concern exists] Ripple now seeks new revenue streams to diversify income and reduce reliance on XRP sales. The introduction of RLUSD, a stablecoin aimed at corporate payments and financial infrastructure, is considered a crucial part of this strategy. However, some critics argue that shifting towards diverse revenue models could diminish the appeal and usefulness of XRP in use cases. However, Schwartz believes this will lessen pressure on XRP’s market value, fostering a healthier growth environment for the XRP ecosystem. This would increase Ripple’s operational independence and build resilience against market volatility. [Include specific details about the new product and how it is expected to be used] The article was published by COINTURK NEWS.