Ripple CTO Endorses New XRP DeFi Opportunity, Calls It a “Good Thing”

thecryptobasic2025-12-12 09:17:37

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Ripple CTO Endorses New XRP DeFi Opportunity, Calls It a “Good Thing”

Ripple’s CTO, David Schwartz, publicly endorses a major new initiative that expands the presence of XRP across the broader DeFi landscape. Notably, the initiative centers on Hex Trust’s launch of wrapped XRP (wXRP), a fully collateralized, 1:1-backed token.

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