- Ripple CTO and Custodia Bank CEO clash over XRP’s decentralization.
- The debate highlights industry concerns about XRP’s market impact.
- Community reactions suggest enduring skepticism about Ripple’s strategies.
Ripple CTO David Schwartz responds to Custodia Bank CEO Caitlin Long’s XRP criticism, sparking a public debate on Twitter over decentralization and network viability.
The dispute highlights ongoing challenges in cryptocurrency adoption, affecting investor sentiment and institutional trust in assets like XRP and Ripple’s RLUSD stablecoin.
Ripple CTO David Schwartz and Custodia Bank CEO Caitlin Long engage in a dispute over XRP’s decentralization on August 7, 2025, following critical remarks by Long.
The debate centers on XRP’s efficacy and market impact, raising questions about its decentralization and institutional adoption.
Ripple CTO Invites Dialogue on XRP Decentralization
Ripple CTO David Schwartz reacted to criticisms made by Custodia Bank CEO Caitlin Long regarding XRP’s decentralization. Schwartz invited Long to a fact-based discussion to address her concerns.
Long’s remarks likened XRP’s early funding to its market development, and questioned its impact on the ledger’s decentralization, which Schwartz immediately countered by defending Ripple’s development strategies.
Community Reactions to Ripple vs. Custodia Debate
The crypto community is deeply involved in this debate, with social media platforms ablaze with support and criticism. Key figures in the Ripple community have voiced strong defenses of XRP.
Financial analysts speculate that institutional trust in XRP may be affected. Long’s comments about potential preference for Ethereum in tokenizing T-bills further intensified market discussions.
Caitlin Long, CEO, Custodia Bank, said, ‘Ripple’s been at this longer than almost anybody else and they haven’t made a lot of progress. It’s really that simple.’
Historical ICOs vs. XRP Launch Comparisons
Previous comparisons between Ethereum’s市场活动和XRP的推出 highlight differing governance models. Experts note the ongoing tension between Ripple and regulatory bodies, although this event has not triggered new regulatory actions.
Market analysts are watching for historical patterns, suggesting that previous legal disputes have resulted in mixed outcomes for Ripple, impacting investor sentiment slightly but not triggering massive market shifts.
