Ripple CTO David Schwartz Addresses 10 Billion XRP Buyback Rumors: Dispelling Speculation

Recent speculation has swirled regarding Ripple potentially buying back 10 billion XRP tokens. David Schwartz, the CTO of Ripple and one of the original developers of the XRP Ledger, recently spoke out regarding these rumors. According to U.Today -, the chief technology officer (CTO) of Ripple and one of the original architects of, has addressed the recent rumors surrounding Ripple's alleged plan to. What's the truth behind the 10 billion XRP buyback?

David Schwartz Provides Clarity on XRP Buyback Claims

Ripple Chief Technology Officer (CTO) David Schwartz has clarified the rumors regarding the company’s potential buyback of 10 billion XRP tokens. In one of his statements, David Schwartz, the CTO of Ripple, recently spoke out regarding the rumors about Ripple and the allegations that it will be buying back 10 billion XRP. According to the current price, 10 billion...

No Specific Buyback Plans at This Time, Says Ripple CTO

Ripple's CTO denies rumors about the buyback of 10 billion XRP. David Schwartz states that there are no specific repurchase plans at this time. Buying back XRP.

Understanding the Potential Impact of an XRP Buyback

While there are no confirmed plans, it's important to understand what a buyback could entail. In theory, by limiting the number of tokens in circulation, a buyback could help control the supply of XRP, potentially raising its value through more scarcity. A buyback. This is purely speculative, however, as David Schwartz emphasizes the lack of any current buyback strategy.

Stay tuned for further updates as more information becomes available regarding Ripple's plans for XRP.