Ripple CTO David Schwartz Steps Down After 13 Years - What’s Next for XRP?

Ripple's technological architect exits after more than a decade of blockchain innovation.

The Legacy Builder

David Schwartz, the mastermind behind Ripple's core technology, officially concludes his 13-year tenure as Chief Technology Officer. His departure marks the end of an era for one of cryptocurrency's most prominent payment protocols.

During his tenure, Schwartz spearheaded development of the XRP Ledger consensus mechanism—bypassing traditional proof-of-work systems that drain energy resources. The protocol now processes millions of transactions daily across global financial networks.

Market Impact

XRP holders watch closely as leadership transitions at Ripple Labs continue reshaping the company's direction. The timing raises questions about upcoming protocol upgrades and regulatory positioning.

Another executive departure in crypto leadership—because what's more stable than digital currency management careers?

Staying Connected with Ripple and XRPL

Although stepping down, Schwartz willand receive the honorary title of, ensuring continuity during Ripple’s ongoing battles with global regulatory environments.

He emphasized that he won’t be leaving the XRPL community, revealing that he has been working on his own XRPL node and exploring.

“Writing code and engaging with developers has always been thrilling. There’s still so much to do in this space,” he added.

Ripple Leaders Praise Schwartz’s Legacy

Ripple CEOcalled Schwartz “one of the smartest—and perhaps funniest—people I’ve ever known,” describing him as a “true OG of crypto” with unmatched vision. Presidentalso praised him, saying Ripple’s strong community “would not exist without David’s creativity, integrity, humor, and humility.”

Before Ripple, Schwartz’s career included consulting for the, contributing to, and co-founding the XRPL alongside Arthur Britto and Chris Larsen.

His departure marks the end of an era for Ripple, but his continued involvement as a board member and active XRPL contributor ensures his influence on the crypto industry will remain strong.

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