Ripple's CTO Shares Thoughts on RWAs and Stablecoins

  • Ripple CTO, David Schwartz has mixed feelings about RWAs.

  • Schwartz thinks RWAs are boring but crucial to the crypto industry.

  • RWAs’ total market cap is relatively low, but analysts predict a surge in the future.

Ripple’s CTO, David Schwartz, has mixed feelings about real-world assets (RWAs) and stablecoins. According to Schwartz, both categories of digital assets are “boring” but remain crucial to the crypto industry’s mass adoption. 

Source : X

In a recent post on X, the outspoken Ripple CTO stated that mass adoption requires boring products. Schwartz’s statement highlights the low volatility characteristics of the identified digital asset categories. According to the crypto expert, despite the fun attached to high-yield and high-risk digital assets, 99.5% of crypto users would choose reasonable yields with low risk.

Related: RWA Market Thrives: Top Tokens Gain Big as TVL Hits $7.6 Billion

Schwartz’s comments followed a crypto user’s post that complained about the slowness of RWA cryptos, linking them with stablecoins that exhibit similar slow price movements with extended restrictions. According to the user, RWAs are slow, do not transact a lot, a…

The post Ripple CTO: RWAs Are “Boring” But Crucial for Mass Adoption – Here’s Why appeared first on Coin Edition.