Ripple CTO David Schwartz clarifies XRP value thesis, stresses low fee strategy

A recent discussion around the XRP Ledger’s fee structure prompted David Schwartz, Ripple ‘s Chief Technology Officer and a primary architect of the ledger, to clarify how XRP derives its value. His remarks have quickly gained attention within the XRP community. The conversation began when a user on X questioned the rationale behind the XRP Ledger’s approach to burning transaction fees. The user contended that the ledger’s architects intended for XRP to function as a deflationary currency, emphasizing the eventual impact of continuous fee burning over time. Saul, another community member, responded by challenging this view.

Source: CoinTurk News