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Ripple CTO Responds to XRP Decentralization Controversy, Emphasizes XRP Has No Issuer Identity

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CoinGape
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May 26, 2025

Ripple CTO David Schwartz addressed the decentralization debate surrounding $XRP and the $XRP Ledger (XRPL) amid discussions sparked by UFC champion Conor McGregor's interest in crypto reserves. Schwartz emphasized that $XRP has no issuer, with all tokens created at the ledger's inception, distinguishing it from other blockchains. He clarified that Ripple CEO Brad Garlinghouse's role does not affect XRPL's decentralization, highlighting the difference between the company and the blockchain itself. McGregor's recent tweets reignited debates on the decentralization of $XRP compared to Bitcoin and Ethereum, especially after the US crypto strategic reserve included $XRP, Solana, and Cardano alongside BTC and ETH. McGregor questioned why the US government would consider assets like $XRP if they were not decentralized, fueling ongoing discussions in the crypto community.

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