XRP-Based xRapid Less Volatile Than Fiat Currency, Says Ripple CTO David Schwartz

XRP-Based xRapid Less Volatile Than Fiat Currency, Says Ripple CTO David Schwartz

Ripple’s chief technology officer David Schwartz is offering a new look at the origins and strategy behind the company’s XRP-based payment solution xRapid. In an interview at the Future of Fintech conference in New York, Schwartz says xRapid was created after Ripple ran into trouble convincing banks to adopt XRP for cross-border payments.