XRP’s relationship with traditional banking institutions has long been part of its story, but the focus may be shifting. Recent comments from Ripple’s Chief Technology Officer (CTO), David Schwartz, suggest that the company’s reliance on banks has diminished as new forms of liquidity take hold. The remarks were spotlighted by XRP Governor (@xrpgovernor), a well-known crypto proponent on X. According to XRP Governor, “Decentralized liquidity is here. The legacy system is cracking. A new financial era is underway.” MAJOR ALERT Ripple CTO declares: “$XRP no longer needs banks.” Decentralized liquidity is here. The legacy system is cracking. A new financial era is underway. pic.twitter.com/o5d3VIsxdR — XRP Governor (@xrpgovernor) August 29, 2025 Schwartz on Banks and Adoption In the video, Schwartz reflected on Ripple’s early approach, which prioritized partnerships with banks to gain credibility and visibility. He noted that in the beginning, securing agreements with banks appeared valuable because “a press release with a bank is a big thing.” However, Schwartz acknowledged that progress often stalled after the publicity, describing banks as “very slow movers” and “very conservative.” He explained that while banks offered prestige, they rarely accelerated adoption at the scale Ripple intended. He observed that financial institutions often avoided transferring the benefits of faster settlement and liquidity to their customers, as doing so would highlight inefficiencies in their own systems. According to him, this limited the usefulness of such partnerships for Ripple’s broader goals. Moving Toward Liquidity Without Banks The central takeaway from Schwartz’s comments is a recognition that XRP does not depend on banks to advance its use cases. He stated that Ripple has shifted its focus, moving away from pursuing deals that generate publicity but little practical value. Instead, the company aims to support real-world adoption and volume through mechanisms that bypass the constraints of traditional banking. By emphasizing decentralized liquidity, Schwartz pointed to a path where XRP facilitates transactions without requiring approval or participation from large, slow-moving institutions. For XRP holders and users, this represents an opportunity to see more activity driven by market needs rather than bank-led agreements. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What’s Next for XRP? The comments reflect an important moment for Ripple and XRP. While Ripple has hundreds of partnerships with banks , Schwartz’s assessment shows that Ripple sees faster progress outside those agreements. The focus on decentralized liquidity suggests that XRP may achieve broader utility in areas where speed, efficiency, and global accessibility are more critical than institutional conservatism. For XRP supporters, this message is that growth is likely to come from new financial models that do not depend on legacy systems or institutions . Schwartz’s remarks indicate that the strategy has shifted decisively toward frameworks where banks are no longer central to success. 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 Ripple CTO: Banks Are Too Slow for XRP appeared first on Times Tabloid .
