Overview

• Schwartz announced he will transition out of day-to-day CTO duties by December 2025 after more than 13 years at Ripple.
• He will remain involved as a member of Ripple’s board of directors and hold the title of CTO Emeritus to preserve continuity.
• He said he plans to spend more time with family and pursue hands-on work such as running an XRPL node and exploring new XRP use cases.
• CEO Brad Garlinghouse and President Monica Long praised his legacy, with Long highlighting innovations including the XRPL DEX, smart escrow, continuous auction in an AMM, and Proof of Association.
• He reiterated a long-term focus on XRPL’s strengths in stablecoins, tokenized real-world assets, and decentralized infrastructure, and he pledged continued engagement with the XRP community.