The post Ripple CTO Reacts to Solana’s XRP Integration appeared on BitcoinEthereumNews.com. David Schwartz, chief technology officer at Ripple, has reacted to SolanaThe post Ripple CTO Reacts to Solana’s XRP Integration appeared on BitcoinEthereumNews.com. David Schwartz, chief technology officer at Ripple, has reacted to Solana

Ripple CTO Reacts to Solana’s XRP Integration

2025/12/12 13:27

David Schwartz, chief technology officer at Ripple, has reacted to Solana integrating XRP, describing this as a “good thing.” 

“More XRP ecosystems is a good thing. Letting XRP operate in more environments builds utility, and the XRPL remains the anchor that makes it all work,” Schwartz said in a recent social media post.

wXRP, the wrapped token, will allow XRP holders to maintain the same underlying asset while gaining access to Solana’s decentralized finance products. 

This means they can lend XRP for yield, provide liquidity in trading pairs with SOL or stablecoins, buy tokenized assets, and interact with Solana DeFi protocols.

Importantly, wXRP is redeemable 1:1 for native XRP, so there is no risk of losing the underlying asset.

You Might Also Like

wXRP will launch with more than $100 million in total value locked (TVL), according to the announcement. 

Mending fences 

Vibhu Norby of the Solana Foundation claims that the decision that this step came after engaging with the XRP community and understanding its uniqueness.

“Through the resulting public learning process, I had a chance to meet many OG devs, core community members, memelords, and the team at Ripple itself, and I came to an understanding of the uniqueness of XRP as an asset, and its community,” Norby said. 

Bitwise CEO Hunter Horsley has envisioned a world where different cryptocurrency ecosystems are collaborating instead of fighting each other. 

Source: https://u.today/ripple-cto-reacts-to-solanas-xrp-integration

Piyasa Fırsatı
XRP Logosu
XRP Fiyatı(XRP)
$1.934
$1.934$1.934
+0.42%
USD
XRP (XRP) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025?

XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025?

The post XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025? appeared first on Coinpedia Fintech News The XRP price has come under enormous pressure
Paylaş
CoinPedia2025/12/16 19:22
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Paylaş
BitcoinEthereumNews2025/09/18 01:44
DMCC and Crypto.com Partner to Explore Blockchain Infrastructure for Physical Commodities

DMCC and Crypto.com Partner to Explore Blockchain Infrastructure for Physical Commodities

The Dubai Multi Commodities Centre and Crypto.com have announced a partnership to explore on-chain infrastructure for physical commodities including gold, energy, and agricultural products. The collaboration brings together one of the world's leading free trade zones with a global cryptocurrency exchange, signaling serious institutional interest in commodity tokenization.
Paylaş
MEXC NEWS2025/12/16 20:46