Ripple CTO David Schwartz recently addressed the volatility of crypto assets such as XRP, suggesting that increased real-world use cases could lead to greater stability. His comments were in response to a debate initiated by the XRP community figure, Mickle, on the platform X.
Schwartz believes that as cryptocurrencies are more widely adopted for everyday payment transactions, their value fluctuations could diminish. This discussion highlights the ongoing concern within the crypto community regarding asset volatility and how practical applications may help mitigate it.
The potential for reduced volatility through increased adoption opens up further dialogue on the intersection of cryptocurrency and mainstream financial systems. By integrating crypto into daily use, Schwartz envisions a future where these assets are less prone to drastic value changes.
