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Ripple CTO: The first RWA protocol on XRP Ledger may be launched as early as next year
2023-10-14 13:55:44
Odaily News Ripple Chief Technology Officer David Schwartz said in a video shared by the Flip The Chain team yesterday that XRP Ledger can be a good platform to launch a tokenized protocol due to low transaction fees and seamless integration with on-chain trading mechanisms. Schwartz emphasized that when interacting with real-world assets (RWA), users specifically want to be able to buy, sell, store and transfer assets without relying on fiat currencies such as the US dollar. Therefore, XRPL DEX will provide all market participants with a platform that meets their needs. Therefore, the first viable RWA protocol on XRP Ledger may be launched in 2024 or early 2025. Members of the crypto community believe that gold and real estate could be the first assets to run their virtual form on XRP Ledger. (U.Today)