Ripple Quietly Downsizing XRP’s Role—Now Just a Fee Token?
Ripple’s XRP, once touted as the ’bankers’ crypto,’ is getting demoted to a glorified tollbooth. Insiders whisper the company’s slowly sidelining its own token—reducing utility to little more than transaction fees.
From bridge asset to backseat driver
XRP was supposed to revolutionize cross-border payments. Now? It’s becoming the digital equivalent of loose change in Ripple’s corporate couch. The pivot comes as regulators worldwide keep side-eyeing the token’s murky legal status.
Cynical take
: Another ’utility token’ proving its best utility is generating fees for its creators. How very… traditional of them.