Ripple and XRP (Shutterstock photo)

David Schwartz (데이비드 슈워츠), Ripple's former chief technology officer, denied a community claim that Ripple has a separate strategy it has not disclosed.

On Nov. 10, blockchain outlet The Crypto Basic reported that Schwartz addressed growing frustration in the community and said, "There's no secret corporate strategy we're hiding."

The controversy began after My2Cents, an XRP community member, demanded that Schwartz and Brad Garlinghouse (브래드 갈링하우스), Ripple's chief executive, state their position directly. The post said many XRP investors have held tokens for a long time despite regulatory uncertainty and market changes, but that patience has not translated into price gains.

Schwartz rejected the interpretation that Ripple is hiding its business strategy. He said he was not sure what people thought Ripple had not already said, and added there was no secret plan it was not talking about.

The dispute comes as XRP's price remains weak. XRP traded around $1.04 and has fallen more than 20 percent over the past 30 days. As it has also slid sharply from earlier this year, dissatisfaction among long-term holders who have endured multiple market cycles has become more pronounced on social media.

The community's frustration is also linked to a perception that Ripple's business expansion and XRP are moving in different directions. Ripple has expanded into payments, custody, stablecoins and institutional infrastructure, but XRP's price is still falling. Some holders believe the benefits of corporate growth are not being sufficiently reflected in XRP's price.

In connection with this, CEO Brad Garlinghouse recently said RLUSD was designed not to replace XRP but to compete with other stablecoins. That amounts to the company making clear that Ripple's business expansion is not structured to lead directly to an increase in XRP's price.

The dispute has again shown that Ripple's business expansion and XRP price moves can diverge. Within the community, the distinction is becoming more important that product expansion and blockchain infrastructure development do not translate directly into token prices.

"@MrEllzee @bgarlinghouse I'm not sure what you think we haven't already told you. We talk about our plans constantly. There's no secret plan we aren't telling you about."

Keyword

#XRP #Ripple #David Schwartz #Brad Garlinghouse #RLUSD
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