Ripple’s Chief Technology Officer David Schwartz argued that large internet companies will inevitably adopt blockchain-based finance, contending that decentralized infrastructure is arriving “at the right place at the right time” to meet needs that legacy rails struggle to serve. The remarks came in Episode 1 of Ripple’s new Onchain Economy video series, published on September 25. In the segment, Schwartz frames decentralized finance as a practical response to unmet enterprise demand rather than a speculative detour.

Ripple CTO Foresees DeFi Eating Into TradFi

“Tech is coming for finance with or without blockchain. It was what was going to happen,” Schwartz says, singling out hyperscalers and platform companies: “New corporations, companies like Amazon and Uber need more financial se

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