Ripple CTO Explains Why XRPL DEX Isn’t Yet Used for Payments
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Description
Ripple’s Chief Technology Officer, David Schwartz, has explained why the company is not using the XRP Ledger’s decentralized exchange (XRPL DEX) for payment settlements. In a recent post on X, Schwartz addressed a user’s concerns about the DEX’s low activity, despite Ripple’s numerous partnerships in the finance sector. Ripple to Create Permissioned Features Schwartz says that the main challenge of using the XRP Ledger DEX for payments is the regulatory risks that Ripple and its partners face. T...
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