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Ripple CTO Emeritus Says XRP Sales Harm Only Ripple

David Schwartz reiterates his view that Ripple's token sales do not negatively affect individual XRP holders.

Yusuf Demir· Jul 11, 2026 · 1 min read
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Ripple's former Chief Technology Officer David Schwartz has restated his long-held position regarding the company's XRP sales, according to U.Today.

Schwartz contends that Ripple's own token sales do not harm XRP token holders. In his view, "the only victim is Ripple" when the company conducts such sales. The statement underscores a distinction Schwartz draws between impacts on Ripple as an institution versus effects on the broader XRP community.

The CTO Emeritus has consistently maintained this stance over time, suggesting it reflects a considered perspective on how token issuance and corporate asset management interact within the Ripple ecosystem. His framing suggests that any dilution or market pressure from Ripple's sales affects the company's own interests rather than creating direct losses for individuals holding XRP.

This clarification comes amid ongoing discussions within the crypto community about how cryptocurrency projects manage their token supplies and distribute holdings. Ripple's approach to XRP sales has been a topic of periodic debate, with different stakeholders holding varying views on the appropriate balance between project development funding and token holder interests.

For the complete analysis and context, see the full report at U.Today.

*Source: [U.Today](https://u.today/the-only-victim-is-ripple-ripple-cto-emeritus-clarifies-xrp-sales-effect). Summary by Quantority.*

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How to read this

Funding APRAnnualized, OI-weighted funding. Positive = longs pay shorts (crowded longs).
Percentile 90dWhere current funding sits within the coin's own last 90 days (0–100).
Open interestTotal USD value of outstanding perpetual contracts.
OI change 24h / 7dHow fast leverage is entering (+) or unwinding (−) over the period.
Liquidation skewImbalance of forced closures (−1…1): + = more longs liquidated, − = more shorts.
Leverage risk0–100 composite of funding extremity, OI momentum, liquidations and volatility.

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