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‘Pay-to-Play’ or Business Deal? XRP Debate Revives Gatekeeping Claims


‘Pay-to-Play’ or Business Deal? XRP Debate Revives Gatekeeping Claims

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XRP community alleges Coinbase demanded "millions" to list XRP, reviving pay-to-play and gatekeeping claims for crypto exchange listings (CEX). Ripple CTO Emeritus David Schwartz says those payment claims are exaggerated and that listings result from complex business deals; comments trace back to 2023. Debate raises reputational and regulatory risks for XRP adoption and exchange listing practices in crypto, highlighting tensions over listing fees and transparency.

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  • The XRP community argues that Coinbase demanded millions to list XRP.
  • Schwartz says claims of payments are exaggerated; listings involve complex business deals.
  • XRP supporters claim exchange listings reflect gatekeeping over merit.

New controversy in the XRP community suggests that Coinbase may have demanded millions of dollars to list XRP, with CTO Emeritus at Ripple, David Schwartz, offering context to the narrative.

XRP community figure Pumpius cited past statements by Schwartz and framed the situation as a “pay-to-play” scheme. He questioned whether major exchanges gatekeep listings for financial gain.

Old Comments, New Fire

Notably, the discussion dates back to 2023, when Schwartz published a series of posts addressing claims that Ripple paid exchanges to list XRP. 

At the time, Schwartz avoided confirming specific details but made it clear that t…

Read The Full Article ‘Pay-to-Play’ or Business Deal? XRP Debate Revives Gatekeeping Claims On Coin Edition.

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