The XRP community is reacting to a major announcement that signals a significant change in leadership at Ripple. David Schwartz, the company’s long-serving Chief Technology Officer, has confirmed that he will step down from his role at the end of the year . After more than a decade of shaping the technical foundation of the XRP Ledger , Schwartz will no longer be responsible for the day-to-day tasks of the position. Mason Versluis Highlights the Shift Crypto enthusiast Mason Versluis addressed the development in a post accompanied by a video, presenting it as one of the most important updates surrounding XRP in recent years. In his remarks, Versluis underscored Schwartz’s influence as the creator and primary architect of the XRP Ledger. Biggest $XRP news in the last few years?! New era is upon us! pic.twitter.com/IxxNe4bwWl — MASON VERSLUIS (@MasonVersluis) October 1, 2025 He explained that the decision marks the end of a 13-year tenure but stressed that Schwartz made it clear he is not leaving the XRP community altogether. Instead, he indicated that he is exploring different ways to remain engaged, suggesting an ongoing relationship with the ecosystem. Versluis described the transition as evidence that XRP is entering a new era. He argued that the departure does not necessarily represent a setback for holders, unless Schwartz were to take his expertise to competing blockchain networks such as Algorand or Hedera. In that scenario, Versluis noted, XRP would face more direct competition from projects benefiting from Schwartz’s technical contributions. Nonetheless, his overall stance emphasized continuity and long-term commitment, reaffirming his personal decision to remain invested after holding XRP for seven years. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Community Responses to the Announcement The news prompted commentary from within the XRP community, including users who noted that Schwartz will still hold a position on Ripple’s board. One observer pointed out that this typically involves a non-disclosure agreement, ensuring that sensitive information remains within the company. This detail added another dimension to the announcement, suggesting that Schwartz’s influence and oversight will not disappear even as he steps back from daily operations. The combination of a formal departure from the CTO role with the retention of a board position highlights a balance between transition and continuity. While some may interpret the move as a signal of change, others view it as a natural progression for someone who has been in a key leadership position for decades. Schwartz’s long history in cryptography, including consulting for government agencies and observing the early stages of Bitcoin, reinforces the perception that his expertise will remain valuable in whatever capacity he chooses to engage. For many, this represents a chance for new leadership to emerge while maintaining a degree of stability through Schwartz’s continued involvement. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Biggest XRP News in Last Few Years? New Era Is Upon Us appeared first on Times Tabloid .
