Brett (@Brett_Crypto_X), a popular crypto influencer on X, posted a video of Ripple Chief Technology Officer David Schwartz where he shared an assessment of where the industry stands today and how it can advance. In the video, Schwartz makes it clear that institutional involvement must precede retail adoption. He explained that many in the crypto space previously assumed that retail investors would lead mass adoption, but this view has shifted. “Institutional adoption is a precursor,” he said, emphasizing that true scalability can only happen if major institutions are onboard. Schwartz argued that building a completely new financial system in isolation from the existing one is not practical. “You can’t build a new financial system from zero,” he said, noting that current systems still hold “trillions of dollars in value.” Ignoring that reality, he warned, would stall progress rather than accelerate it. 🚨KABOOOOOOOOOOOOM 💥💥 David Schwartz: "We're on the Cusp of Mass Adoption of DeFi and Blockchain Technology" $XRP pic.twitter.com/KfcLQeZ0oM — Brett (@Brett_Crypto_X) April 17, 2025 Real-World Integration is Essential Another core point from Schwartz centered on usability. He noted that for blockchain technology to serve the unbanked or underbanked populations, it must allow them to engage with the real world. “They have to be able to spend their money to buy groceries and pay their phone bill,” he said. According to the Ripple CTO, such use cases will only become viable through proper institutional connectivity. Ripple is building these systems through its global network of partnerships and has made remittances more accessible in Asia and other parts of the world. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The Path Forward for DeFi and Blockchain Schwartz believes that the current momentum among institutions will lay the groundwork for widespread use over the next one to two years. He argued that this would give room for more inclusive access to financial tools. A recent Coinbase report shows that XRP is attractive to financial institutions , and Schwartz stated that there are no significant obstacles to institutional involvement. By outlining this vision, Schwartz reinforces the importance of aligning blockchain innovations with the traditional financial system. Rather than seeing traditional finance as an opponent, Schwartz views it as a necessary foundation to build on. Ripple’s Role in the Transition Brett’s decision to highlight this clip aligns with Ripple’s broader positioning within the industry. Ripple has long focused on bridging blockchain technologies with established banking systems. Schwartz’s remarks reflect that strategy and suggest that the next growth phase will depend on working with institutional frameworks. According to Schwartz, XRP is at the cusp of mass institutional adoption. Recent rumors suggest that SWIFT is testing XRP with its network of over 11,000 banks, and this could be the start of Schwartz’s dream of integration into financial systems. 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 urged to do in-depth 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 Foresees Mass Adoption appeared first on Times Tabloid .
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