Ripple CTO Steps Down – How Will This Big Leadership Change Affect XRP?

XRP, alongside the Ripple ecosystem, may be on the verge of a major change following a new leadership shift. Ripple’s chief technology officer (CTO), David Schwartz, has announced his departure from the top role after 13 years of service.

According to Schwartz’s tweet, he will retire from the day-to-day duties as Ripple CTO by the end of the year. This doesn’t mean that the crypto veteran will completely exit the XRP community; he says he will continue to work from the sidelines while returning to his hobbies.