David Schwartz Says XRP Captures Value From XRP Ledger Activity

Ripple CTO emeritus David Schwartz argued that low fees and reliable operation drive value flow to the XRP Ledger, with XRP capturing some of that value through features tied to its role on the network. In an Oct. 23 post on X, Schwartz wrote: “That drives value flow to XRPL. XRP captures some of that value because of its unique advantages over other assets on XRPL.” In later replies in the discussion, Schwartz described XRP as the only counterparty-free asset any account on the ledger can accept. He also pointed to users needing XRP to pay transaction fees.