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Coin Edition 2024-08-30 10:25:33

Ripple CTO: Selling XRP; Not Burning, Fuels Growth

Ripple’s CTO, David Schwartz, addressed critics who believe the company suppresses the price of XRP, the seventh-largest cryptocurrency by market cap, by flooding the market with tokens. Schwartz took to X (formerly Twitter) to explain that burning XRP tokens or giving them away wouldn’t magically boost the price. He stated that the burning of Stellar The post Ripple CTO: Selling XRP; Not Burning, Fuels Growth appeared first on Coin Edition .

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