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"The Untold Reasons Behind US Institutions' Reluctance to Embrace XRP, Straight from Ripple's CEO"Brad Garlinghouse, the Ripple CEO, has shed insight into why U.S. banking institutions have failed to adopt cryptocurrencies such as XRP despite the successive regulatory triumphs over the SEC. Read more on: https://thecryptobasic.com/2023/11/10/ripple-ceo-explains-why-us-institutions-fail-to-use-xrp-even-after-winning-against-sec/ #Ripple-XRP #RippleCEO #Crypto #CryptoCurrents #CryptoNews🔒📰🚫

"The Untold Reasons Behind US Institutions' Reluctance to Embrace XRP, Straight from Ripple's CEO"

Brad Garlinghouse, the Ripple CEO, has shed insight into why U.S. banking institutions have failed to adopt cryptocurrencies such as XRP despite the successive regulatory triumphs over the SEC.
Read more on: https://thecryptobasic.com/2023/11/10/ripple-ceo-explains-why-us-institutions-fail-to-use-xrp-even-after-winning-against-sec/
#Ripple-XRP #RippleCEO #Crypto #CryptoCurrents #CryptoNews🔒📰🚫
📺💬 Ripple CEO Brad Garlinghouse, in a CNBC interview, suggests the possibility of other spot ETFs apart from Bitcoin but refrains from commenting specifically on the XRP spot ETF. This cautious stance aligns with BlackRock CEO Larry Fink's approach and is seen by some as a strategy to avoid potential price fluctuations for XRP. 🤔📈 #RippleCEO #XRPETF #CryptoMarketImpact
📺💬 Ripple CEO Brad Garlinghouse, in a CNBC interview, suggests the possibility of other spot ETFs apart from Bitcoin but refrains from commenting specifically on the XRP spot ETF. This cautious stance aligns with BlackRock CEO Larry Fink's approach and is seen by some as a strategy to avoid potential price fluctuations for XRP. 🤔📈 #RippleCEO #XRPETF #CryptoMarketImpact
Ripple CEO Brad Garlinghouse calls for action on crypto regulation, criticizing SEC Chair Gensler and urging Democrats to step up. Following a key roundtable with industry and government figures, Garlinghouse expressed hope but emphasized the need for decisive measures to support American innovation in the crypto sector. #Ripple💰 #RippleCEO #SECCryptoRegulation $XRP
Ripple CEO Brad Garlinghouse calls for action on crypto regulation, criticizing SEC Chair Gensler and urging Democrats to step up. Following a key roundtable with industry and government figures, Garlinghouse expressed hope but emphasized the need for decisive measures to support American innovation in the crypto sector.

#Ripple💰 #RippleCEO #SECCryptoRegulation $XRP
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Ripple CEO Brad Garlinghouse called SEC head Gary Gensler a political corpse While in Davos, Ripple CEO Brad Garlinghouse slammed SEC Chairman Gary Gensler, calling him a "political liability" for his approach to the crypto industry. I truly believe that SEC Chairman Gary Gensler is a political liability in the United States. And I think that he does not act in the interests of citizens, in the interests of long-term economic growth, and I do not understand this approach. I think at some point the SEC will have a new chairman, and that will probably be good for the American people. Despite the approval of 11 spot Bitcoin ETFs last week, SEC Chairman Gary Gensler clarified that this is not an acceptance of Bitcoin per se. He also warned about the risks associated with investing in cryptocurrency. #ETF: #ETFs #XRP/USDT #Ripple #RippleCEO $BTC $XRP
Ripple CEO Brad Garlinghouse called SEC head Gary Gensler a political corpse

While in Davos, Ripple CEO Brad Garlinghouse slammed SEC Chairman Gary Gensler, calling him a "political liability" for his approach to the crypto industry.

I truly believe that SEC Chairman Gary Gensler is a political liability in the United States. And I think that he does not act in the interests of citizens, in the interests of long-term economic growth, and I do not understand this approach.
I think at some point the SEC will have a new chairman, and that will probably be good for the American people.
Despite the approval of 11 spot Bitcoin ETFs last week, SEC Chairman Gary Gensler clarified that this is not an acceptance of Bitcoin per se. He also warned about the risks associated with investing in cryptocurrency.

#ETF: #ETFs #XRP/USDT #Ripple #RippleCEO
$BTC $XRP
"Ripple CEO Condemns Sensationalist Reporting Amidst $112.5M Security Breach Controversy"Ripple CEO Brad Garlinghouse has criticized media coverage of a recent security breach that affected a wallet address belonging to the company’s chairman. Read more on: https://thecryptobasic.com/2024/02/01/ripple-ceo-slams-irresponsible-speculation-and-reporting-of-112-5m-security-breach/ #RippleUpdate #RippleCEO #Crypto #CryptoNewsFlash #CryptonewswithJack

"Ripple CEO Condemns Sensationalist Reporting Amidst $112.5M Security Breach Controversy"

Ripple CEO Brad Garlinghouse has criticized media coverage of a recent security breach that affected a wallet address belonging to the company’s chairman.

Read more on: https://thecryptobasic.com/2024/02/01/ripple-ceo-slams-irresponsible-speculation-and-reporting-of-112-5m-security-breach/
#RippleUpdate #RippleCEO #Crypto #CryptoNewsFlash #CryptonewswithJack
Ripple Chief Speaks Out as SEC Engages Grayscale on Spot Bitcoin ETFRipple CEO Brad Garlinghouse has commented on the SEC’s ongoing discussion with Grayscale regarding the launch of a spot Bitcoin ETF.  Read more on: https://thecryptobasic.com/2023/11/11/ripple-ceo-comments-on-sec-now-discussing-spot-bitcoin-etf-with-grayscale/ #RippleCEO #SECChallenges #ETFApprovalWatch #CryptoSimple #Cryptonews

Ripple Chief Speaks Out as SEC Engages Grayscale on Spot Bitcoin ETF

Ripple CEO Brad Garlinghouse has commented on the SEC’s ongoing discussion with Grayscale regarding the launch of a spot Bitcoin ETF. 
Read more on: https://thecryptobasic.com/2023/11/11/ripple-ceo-comments-on-sec-now-discussing-spot-bitcoin-etf-with-grayscale/
#RippleCEO #SECChallenges #ETFApprovalWatch #CryptoSimple #Cryptonews
"Ripple CEO Responds to Ex-SEC Chair's Controversial Comments with Vigor"Brad Garlinghouse expressed shock in response to comments by former SEC chair Jay Clay regarding the current state of crypto regulation. Read more on: https://thecryptobasic.com/2023/11/27/ex-sec-chair-criticized-expert-claims-damage-to-xrp-ripple-ceo-responds-to-claytons-fresh-comment/ #Ripple-XRP #RippleCEO #Crypto #CryptoRegulationBattle #CryptoNews🔒📰🚫

"Ripple CEO Responds to Ex-SEC Chair's Controversial Comments with Vigor"

Brad Garlinghouse expressed shock in response to comments by former SEC chair Jay Clay regarding the current state of crypto regulation.
Read more on: https://thecryptobasic.com/2023/11/27/ex-sec-chair-criticized-expert-claims-damage-to-xrp-ripple-ceo-responds-to-claytons-fresh-comment/
#Ripple-XRP #RippleCEO #Crypto #CryptoRegulationBattle #CryptoNews🔒📰🚫
You can't hack the #XRP-LEDGER XRP is over 10 years old and still the only coin without any issue. That's why Central Banks and Institutions will use XRP as a bridge currency to settle money. Don't believe the fake news. It was a personal wallet and not the ecosystem. #XRPHACKED #xrp #RippleCEO #Write2Earn $XRP
You can't hack the #XRP-LEDGER

XRP is over 10 years old and still the only coin without any issue. That's why Central Banks and Institutions will use XRP as a bridge currency to settle money.

Don't believe the fake news. It was a personal wallet and not the ecosystem.
#XRPHACKED #xrp #RippleCEO #Write2Earn $XRP
Exclusive: Ripple CEO Discloses Soaring Legal Costs, Vows Supreme Court Battle Against SECGarlinghouse Slams SEC in DC: Ripple Legal Bills Now Over 150M, Firm Will Fight SEC Up to Supreme Court. Read more on: https://thecryptobasic.com/2023/11/09/ripple-ceo-in-dc-ripple-legal-bills-now-over-150m-ripple-will-fight-sec-up-to-supreme-court-government-shouldnt-pick-winners-and-losers/ #Ripple-XRP #RippleCEO #RippleVsSEC #CryptoSimple #CryptoNews🔒📰🚫

Exclusive: Ripple CEO Discloses Soaring Legal Costs, Vows Supreme Court Battle Against SEC

Garlinghouse Slams SEC in DC: Ripple Legal Bills Now Over 150M, Firm Will Fight SEC Up to Supreme Court.
Read more on: https://thecryptobasic.com/2023/11/09/ripple-ceo-in-dc-ripple-legal-bills-now-over-150m-ripple-will-fight-sec-up-to-supreme-court-government-shouldnt-pick-winners-and-losers/
#Ripple-XRP #RippleCEO #RippleVsSEC #CryptoSimple #CryptoNews🔒📰🚫
"Breaking: Brad Garlinghouse Reveals Why Ripple's IPO is Not on the Horizon"XRP Army speculates Ripple’s 2024 IPO prospects, while Dizercapital founder Yassin Mobarak disagrees, quoting statements from Ripple CEO. Read more on: https://thecryptobasic.com/2023/11/07/expert-explains-why-ripple-cannot-ipo-soon-quoting-brad-garlinghouse/ #Ripple-XRP #RippleCEO #Crypto #CryptoCurrents #CryptoNews🔒📰🚫

"Breaking: Brad Garlinghouse Reveals Why Ripple's IPO is Not on the Horizon"

XRP Army speculates Ripple’s 2024 IPO prospects, while Dizercapital founder Yassin Mobarak disagrees, quoting statements from Ripple CEO.
Read more on: https://thecryptobasic.com/2023/11/07/expert-explains-why-ripple-cannot-ipo-soon-quoting-brad-garlinghouse/
#Ripple-XRP #RippleCEO #Crypto #CryptoCurrents #CryptoNews🔒📰🚫
🎙️ Ripple (XRP) Labs CEO Brad Garlinghouse is set to speak at the World Economic Forum (WEF) event on January 18th, joining discussions under the theme 'Clear-Eyed about Crypto.' Other notable participants include Hong Kong Finance Minister Paul Chan Mo-po and Grayscale CEO Michael Sonnenshein. 🌐📢 #WEFCryptoEvent #RippleCEO 🚀🌍
🎙️ Ripple (XRP) Labs CEO Brad Garlinghouse is set to speak at the World Economic Forum (WEF) event on January 18th, joining discussions under the theme 'Clear-Eyed about Crypto.' Other notable participants include Hong Kong Finance Minister Paul Chan Mo-po and Grayscale CEO Michael Sonnenshein. 🌐📢 #WEFCryptoEvent #RippleCEO 🚀🌍
"Ripple CEO Honors the Mighty XRP Army with Prestigious 2023 Most Influential Award"Ripple CEO Brad Garlinghouse has recently dedicated an award to the XRP community for their unwavering support at a critical time in the company’s history. Read more on: https://thecryptobasic.com/2023/12/05/ripple-ceo-dedicates-2023-most-influential-award-to-xrp-army/ #Ripple-XRP #RippleCEO #RippleUpdate #XRPUpdate #CryptoNews🔒📰🚫

"Ripple CEO Honors the Mighty XRP Army with Prestigious 2023 Most Influential Award"

Ripple CEO Brad Garlinghouse has recently dedicated an award to the XRP community for their unwavering support at a critical time in the company’s history.
Read more on: https://thecryptobasic.com/2023/12/05/ripple-ceo-dedicates-2023-most-influential-award-to-xrp-army/
#Ripple-XRP #RippleCEO #RippleUpdate #XRPUpdate #CryptoNews🔒📰🚫
"Fraud Alert: Ripple CEO's Image Hijacked in Deep Fake Scam Promoting Bogus XRP Giveaway"Members of the XRP community have not ceased to be prime targets for cryptocurrency scams, with the faked identity of Ripple’s executive coming into play. Read more on: https://thecryptobasic.com/2023/11/13/scammers-use-deep-fake-to-simulate-ripple-ceo-announcing-fraud-xrp-giveaway/ #Ripple-XRP #RippleCEO #Crypto #CryptoScamAlert #CryptoNews🔒📰🚫

"Fraud Alert: Ripple CEO's Image Hijacked in Deep Fake Scam Promoting Bogus XRP Giveaway"

Members of the XRP community have not ceased to be prime targets for cryptocurrency scams, with the faked identity of Ripple’s executive coming into play.
Read more on: https://thecryptobasic.com/2023/11/13/scammers-use-deep-fake-to-simulate-ripple-ceo-announcing-fraud-xrp-giveaway/
#Ripple-XRP #RippleCEO #Crypto #CryptoScamAlert #CryptoNews🔒📰🚫
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Now after #RippleXRP has bought the New York Crypto Trust Company to Expand U.S. Options, I understand why David Schwartz said last year that tokenization will happen in a year or a year and a half. Trillions of dollars will flow into the #XRP - Ledger! 🚀📈 Because Whales Buy 220 Million XRP Five Days! If settlement news comes out that Ripple is able to settle the SEC case, you will be too late! The second thing is who is the Founder of Standard Custody & Trust Company? Yes, it's the co-creator of the #XRP-LEDGER Arthur Britto himself! What a coincidence, right? Arthur Britto said that XRP is designed for $10,000 🚀📈 ❤if you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content. thanks 🙏 $XRP #Write2Earn #RippleCEO
Now after #RippleXRP has bought the New York Crypto Trust Company to Expand U.S. Options, I understand why David Schwartz said last year that tokenization will happen in a year or a year and a half.

Trillions of dollars will flow into the #XRP - Ledger!
🚀📈
Because Whales Buy 220 Million XRP Five Days!

If settlement news comes out that Ripple is able to settle the SEC case, you will be too late!

The second thing is who is the Founder of Standard Custody & Trust Company? Yes, it's the co-creator of the #XRP-LEDGER Arthur Britto himself! What a coincidence, right?

Arthur Britto said that XRP is designed for $10,000
🚀📈
❤if you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content. thanks 🙏
$XRP
#Write2Earn #RippleCEO
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XRP - all talk, no action? Social media is booming, but prices are stuck in a bearish hole XRP, Ripple's native token, has found itself caught in a tug-of-war between rising social media interest and a price that refuses to ignite. While online chats paint a picture of a vibrant community, the value of the token has fluctuated, leaving investors wondering if the noise is leading to bullish momentum. While the regulatory heat may have sparked talk, it hasn't led to higher prices. In fact, the value of XRP has dropped slightly in the last 24 hours. Interestingly, despite the sluggish price action, data from Santiment suggests that investors may be accumulating XRP. The platform's Exchange Outflow remains high, indicating a movement of XRP from exchanges, possibly towards private wallets. This suggests potential long-term bullish sentiment among some investors. Technical indicators cast a shadow #xrp #ETFvsBTC #RippleCEO #XRPUSDT $XRP
XRP - all talk, no action? Social media is booming, but prices are stuck in a bearish hole

XRP, Ripple's native token, has found itself caught in a tug-of-war between rising social media interest and a price that refuses to ignite. While online chats paint a picture of a vibrant community, the value of the token has fluctuated, leaving investors wondering if the noise is leading to bullish momentum.

While the regulatory heat may have sparked talk, it hasn't led to higher prices. In fact, the value of XRP has dropped slightly in the last 24 hours.

Interestingly, despite the sluggish price action, data from Santiment suggests that investors may be accumulating XRP. The platform's Exchange Outflow remains high, indicating a movement of XRP from exchanges, possibly towards private wallets. This suggests potential long-term bullish sentiment among some investors. Technical indicators cast a shadow
#xrp #ETFvsBTC #RippleCEO #XRPUSDT
$XRP
"Ripple CEO Heads to Boston for Exclusive Talk on Shaping US Crypto Regulations"The CEO of Ripple, Brad Garlinghouse, has been invited as a keynote speaker for the Boston Institutional Digital Assets Forum (BIDAF) next month.  Read more on: https://thecryptobasic.com/2023/11/21/ripple-ceo-to-speak-on-us-crypto-regulation-in-boston-institutional-forum-next-month/ #Ripple-XRP #RippleCEO #RippleUpdate #CryptoTreasure #CryptoNews🔒📰🚫

"Ripple CEO Heads to Boston for Exclusive Talk on Shaping US Crypto Regulations"

The CEO of Ripple, Brad Garlinghouse, has been invited as a keynote speaker for the Boston Institutional Digital Assets Forum (BIDAF) next month. 
Read more on: https://thecryptobasic.com/2023/11/21/ripple-ceo-to-speak-on-us-crypto-regulation-in-boston-institutional-forum-next-month/
#Ripple-XRP #RippleCEO #RippleUpdate #CryptoTreasure #CryptoNews🔒📰🚫
Brad Garlinghouse on Ripple’s Bold Move: Stablecoin Launch ImminentRipple’s Stablecoin Launch: "RLUSD" Coming Within Weeks! 🚀🚀🔥 🔥Ripple CEO Brad Garlinghouse has stirred the crypto community with a significant announcement: ⬇️ 💥Ripple's US dollar-pegged stablecoin launch, RLUSD, is just weeks away. 💣Ripple is gearing up for a significant milestone. During his speech at Korea Blockchain Week, CEO Brad Garlinghouse revealed that Ripple's US dollar-pegged stablecoin, RLUSD, will be launched "in weeks, not months." Currently in a closed beta phase, RLUSD represents Ripple’s strategic entry into the stablecoin market, a move Garlinghouse describes as a response to the vacuum left by the collapse of USDC 18 months ago. 🏦Garlinghouse emphasized that Ripple's existing relationships with numerous financial institutions provide a solid foundation to introduce RLUSD as a trusted alternative in the stablecoin market. "We felt there was an opportunity for a credible player to step in," he noted. 🚨In addition to the stablecoin news, Garlinghouse dispelled rumors about Ripple's plans for an Initial Public Offering (IPO) in the US, pointing out the SEC’s contradictory actions regarding crypto regulations. He also expressed criticism of the SEC's legal actions against crypto companies, like the lawsuit against OpenSea, highlighting the challenges smaller companies face against regulatory "bullies." ✅NOTE: Follow For More... to get free VIP Signals, Chart Analysis 🚨, and update news. So you will not miss any signals or opportunities.💰💰 #USDataImpact #NFPWatch #RippleStablecoin #RippleCEO #RLUSD

Brad Garlinghouse on Ripple’s Bold Move: Stablecoin Launch Imminent

Ripple’s Stablecoin Launch: "RLUSD" Coming Within Weeks! 🚀🚀🔥
🔥Ripple CEO Brad Garlinghouse has stirred the crypto community with a significant announcement: ⬇️
💥Ripple's US dollar-pegged stablecoin launch, RLUSD, is just weeks away.
💣Ripple is gearing up for a significant milestone. During his speech at Korea Blockchain Week, CEO Brad Garlinghouse revealed that Ripple's US dollar-pegged stablecoin, RLUSD, will be launched "in weeks, not months." Currently in a closed beta phase, RLUSD represents Ripple’s strategic entry into the stablecoin market, a move Garlinghouse describes as a response to the vacuum left by the collapse of USDC 18 months ago.
🏦Garlinghouse emphasized that Ripple's existing relationships with numerous financial institutions provide a solid foundation to introduce RLUSD as a trusted alternative in the stablecoin market. "We felt there was an opportunity for a credible player to step in," he noted.
🚨In addition to the stablecoin news, Garlinghouse dispelled rumors about Ripple's plans for an Initial Public Offering (IPO) in the US, pointing out the SEC’s contradictory actions regarding crypto regulations. He also expressed criticism of the SEC's legal actions against crypto companies, like the lawsuit against OpenSea, highlighting the challenges smaller companies face against regulatory "bullies."
✅NOTE: Follow For More... to get free VIP Signals, Chart Analysis 🚨, and update news.
So you will not miss any signals or opportunities.💰💰
#USDataImpact #NFPWatch #RippleStablecoin #RippleCEO #RLUSD
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🔰 Ripple-Owned Crypto Custody Firm Metaco's CEO and Head of Product Depart- 🔴 Metaco's CEO Adrien Treccani and Chief Product Officer Peter DeMeo have left the crypto custody firm that was acquired by Ripple last year. ✅ The CEO and chief product officer of Metaco, the cryptocurrency custody firm acquired by Ripple in May 2023, have left the company. A Ripple spokesperson confirmed CEO Adrien Treccani and Chief Product Officer Peter DeMeo were gone and said: "We appreciate the strong and industry-leading custody business that Adrien and his team built, as well as his leadership in integrating the custody team and solution with Ripple following the acquisition last year. Custody remains integral to Ripple's growing business as we continue to provide best-in-class enterprise crypto solutions for our customers around the world." Before being acquired by Ripple, Metaco had become a favorite partner for European banks looking for assistance with the custody of digital assets. Most recently, Metaco signed up HSBC, although there had been reports that banks were re-evaluating their relationship with Metaco in the wake of the acquisition #Write2Earn #TrendingTopic #RippleCEO #RippleUpdate $XRP
🔰 Ripple-Owned Crypto Custody Firm Metaco's CEO and Head of Product Depart-

🔴 Metaco's CEO Adrien Treccani and Chief Product Officer Peter DeMeo have left the crypto custody firm that was acquired by Ripple last year.

✅ The CEO and chief product officer of Metaco, the cryptocurrency custody firm acquired by Ripple in May 2023, have left the company.
A Ripple spokesperson confirmed CEO Adrien Treccani and Chief Product Officer Peter DeMeo were gone and said: "We appreciate the strong and industry-leading custody business that Adrien and his team built, as well as his leadership in integrating the custody team and solution with Ripple following the acquisition last year. Custody remains integral to Ripple's growing business as we continue to provide best-in-class enterprise crypto solutions for our customers around the world."

Before being acquired by Ripple, Metaco had become a favorite partner for European banks looking for assistance with the custody of digital assets. Most recently, Metaco signed up HSBC, although there had been reports that banks were re-evaluating their relationship with Metaco in the wake of the acquisition

#Write2Earn #TrendingTopic #RippleCEO #RippleUpdate $XRP
'Why Not Just Burn $XRP ?': Ripple CTO Doubts New XRPL Initiative In a recent discussion regarding the future of programmability on XRP Ledger (XRPL), Evernode co-founder Scott Chamberlain proposed a new approach involving Hooks and a new token, Codii, to enhance transaction functionality. The aim is to allow smart contract execution on XRPL while maintaining manageable costs for users. Chamberlain’s proposal introduces two key elements. First, Hooks — a flexible, low-cost system proven to support decentralized applications, such as Evernode. The system automates tasks like registration, reputation scoring and governance for network hosts, offering a seamless solution for transaction execution. Second, Codii — a native token minted from locked XRP and burned for Hook-related fees, would reduce the financial strain on users compared to burning XRP directly for smart contract triggers. Simplicity versus functionality:- However, Ripple CTO David Schwartz expressed skepticism about the need for such complexity. According to Schwartz, simply burning XRP for all transaction fees, as done currently, could streamline operations. He questioned the advantages of introducing Codii, pointing out that it adds burdens like managing two tokens and could lead to dilution losses for XRP holders. Chamberlain defended the proposal, arguing that burning XRP for programmability would make smart contracts too expensive if XRP appreciates. He highlighted that Codii would offer a self-sustaining system, where XRP holders could effectively cover Hook fees through inflationary balance adjustments. Despite Chamberlain’s rationale, Schwartz maintained that any system imposing costs on users through token inflation risks complicating fee management without significant benefits. It was also outlined that burning XRP as the sole method for transaction funding keeps the system straightforward, ensuring its accessibility as the value of XRP changes. #Xrp🔥🔥 #XRPL #RippleCEO #BinanceLaunchpoolHMSTR #moonbix
'Why Not Just Burn $XRP ?': Ripple CTO Doubts New XRPL Initiative

In a recent discussion regarding the future of programmability on XRP Ledger (XRPL), Evernode co-founder Scott Chamberlain proposed a new approach involving Hooks and a new token, Codii, to enhance transaction functionality. The aim is to allow smart contract execution on XRPL while maintaining manageable costs for users.

Chamberlain’s proposal introduces two key elements. First, Hooks — a flexible, low-cost system proven to support decentralized applications, such as Evernode. The system automates tasks like registration, reputation scoring and governance for network hosts, offering a seamless solution for transaction execution.

Second, Codii — a native token minted from locked XRP and burned for Hook-related fees, would reduce the financial strain on users compared to burning XRP directly for smart contract triggers.

Simplicity versus functionality:-
However, Ripple CTO David Schwartz expressed skepticism about the need for such complexity. According to Schwartz, simply burning XRP for all transaction fees, as done currently, could streamline operations. He questioned the advantages of introducing Codii, pointing out that it adds burdens like managing two tokens and could lead to dilution losses for XRP holders.

Chamberlain defended the proposal, arguing that burning XRP for programmability would make smart contracts too expensive if XRP appreciates. He highlighted that Codii would offer a self-sustaining system, where XRP holders could effectively cover Hook fees through inflationary balance adjustments.

Despite Chamberlain’s rationale, Schwartz maintained that any system imposing costs on users through token inflation risks complicating fee management without significant benefits. It was also outlined that burning XRP as the sole method for transaction funding keeps the system straightforward, ensuring its accessibility as the value of XRP changes.
#Xrp🔥🔥 #XRPL #RippleCEO #BinanceLaunchpoolHMSTR #moonbix
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