Ripple CTO David Schwartz clarifies XRP value thesis, stresses low fee strategy

A recent discussion around the XRP Ledger’s fee structure prompted David Schwartz, Ripple ‘s Chief Technology Officer and a primary architect of the ledger, to clarify how XRP derives its value. His remarks have quickly gained attention within the XRP community. The conversation began when a user on X questioned the rationale behind the XRP Ledger’s approach to burning transaction fees. The user contended that the ledger’s architects intended for XRP to function as a deflationary currency, emphasizing the eventual impact of continuous fee burning over time. Saul, another community member, responded by challenging this view. He maintained that the primary reason for the fee structure on XRPL is to prevent spam rather than to drive up prices.

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