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2026-06-08 10:25:08

XRP Utility Moves Beyond Payments as XRPL Eyes Tokenized Stocks, Funds, Loans

"Understanding XRP in One Minute" demonstrates how XRPL breaks through basic transfer functions On June 5, Ripple released a new episode of the "XRP One Minute" video, in which David Schwartz explains the scalability of XRP's utility. Schwartz is Ripple's Honorary CTO and one of the original architects of the XRP Ledger (XRPL). The video opens with a question: "How is the utility of XRP expanding?" His response focused on tokenized assets, enterprise adoption, and financial services built on XRPL. "Bitcoin kicked off by providing a public blockchain that allows people to hold and transfer Bitcoin," Schwartz explained. He emphasized that this breakthrough has shown people the possibility of owning and transferring digital value on open infrastructure. Subsequently, the XRP Ledger further expanded this model by supporting native digital assets and issued assets. Schwartz stated:

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XRP Utility Moves Beyond Payments as XRPL Eyes Tokenized Stocks, Funds, Loans