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Ripple CTO David Schwartz to Step Back, Remain on Board as CTO Emeritus

David Schwartz, the Chief Technology Officer of Ripple, announced he will step back from his daily responsibilities at the end of the year after over 13 years at the company, transitioning to a CTO emeritus role. Despite stepping back, Schwartz will remain involved in the XRP community, focusing on developing new use cases for XRP and continuing hands-on coding projects. Reflecting on his journey, Schwartz noted his early work on the XRP Ledger and his excitement to spend more time with family and hobbies. Furthermore, he mentioned the ongoing importance of stablecoins and tokenized assets in the evolving landscape, reinforcing confidence in Ripple's leadership team and the XRP community's future direction.

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