Coin Edition
2025-08-15 15:15:00

Ripple CTO Explains How XRPL and ILP Will Facilitate Seamless Payments

Ripple’s solutions will enable trust relationships. The use of cryptocurrency today is a tiny fraction of what it could be. ILP enables seamless transfer of value across payment networks. Ripple’s CTO, David Schwartz, has explained how parties can create trust relationships on XRPL using the ledger’s elements, including XRP and ILP. In a recent thread on X, the Ripple executive noted why he expects institutions to explore the platform’s resources for their benefit. I really hope institutions do form trust relationships and leverage them. This was the original vision for trust lines (going back to 2004 and Ryan Fugger's work), the core concept behind ILP and I still think it's a huge win for everyone. For those use cases where this is… — David 'JoelKatz' Schwartz (@JoelKatz) August 14, 2025 According to Schwartz, what Ripple has provided through the XRPL was the original vision for trust lines, which dates back to 2004 and Ryan Fugger’s work. He considers it the core concept behind ILP and sees it as a huge win for everyone. There is more to crypto than what is seen today Despite acknowledging the potential of trust solutions and their curre… The post Ripple CTO Explains How XRPL and ILP Will Facilitate Seamless Payments appeared first on Coin Edition .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.