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So David Schwartz is stepping back from running day-to-day stuff at Ripple after like 13 years. He's moving to this CTO emeritus role but honestly it sounds like he's just tired of the corporate grind and wants to code again lol. He literally said he's been tinkering on his own XRPL node and researching other use cases for XRP on the side, which is kinda cool.
Dennis Jarosch is taking over the technical side now. Ripple's pushing RLUSD (their stablecoin) into tokenized treasury markets and trying to expand XRP beyond just payments, so they probably need someone full-time focused on that.
The vibe I'm getting is that David Schwartz built the XRP Ledger from the ground up, defended it through all the regulatory chaos, and now he just wants to get back to the building part without all the corporate responsibility. Can't really blame him. XRP is sitting around $1.45 right now, up a bit today. Curious to see what kind of projects David Schwartz works on independently - might actually be more interesting than the corporate direction.