Ripple CTO’s 2017 Bombshell: Higher XRP Price Would Fuel Ripple’s Ambitions

Remember when a top exec admitted a token's price directly powered their business model? Ripple's CTO did just that in 2017, laying bare a symbiotic relationship that still sparks debate today.

The Core Admission

The statement was blunt. A higher valuation for XRP wasn't just good for speculators—it was a strategic advantage for Ripple Labs itself. The logic was straightforward: a stronger balance sheet, increased market credibility, and greater resources to deploy in their quest to overhaul cross-border payments.

The Unspoken Mechanics

This wasn't about moon-shot dreams. It was about cold, hard utility. Ripple's model, holding a significant stash of XRP, meant price appreciation directly amplified its war chest. More capital meant more partnerships, more developer grants, and a more aggressive push against the SWIFT gatekeepers—all while traditional finance scoffed at 'internet money.'

The Lingering Echo

That 2017 insight cuts to the heart of the crypto-project dilemma. When does a token's success stop being a side effect and start being the engine? Ripple's play was always a high-stakes bet on adoption driving value, and value, in turn, fueling adoption—a circular logic that makes central bankers reach for the smelling salts.

It's the ultimate finance jab: building a better mousetrap sometimes requires first convincing everyone the cheese is worth a fortune.

Ripple CTO David Schwartz believes that a higher price for XRP benefits the company in multiple ways. This view by Schwartz, made a few years back, has recently resurfaced within the XRP community.

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