Overview

• Ripple said senior vice president of engineering Dennis Jarosch will lead technical operations going forward.
• Schwartz announced he will remain active in the XRP community by running his own XRPL node, publishing its data, and exploring new XRP use cases.
• The longtime engineer joined Ripple in 2011, helped design the XRP Ledger, and became CTO in 2018 after more than a decade shaping its evolution.
• Coverage notes the shift comes as Ripple emphasizes stablecoin RLUSD and broader tokenization initiatives on the XRP Ledger.
• XRP edged higher in the hours after the announcement, with outlets reporting modest gains following the news.