DeFi Daily News
Monday, July 28, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Cryptocurrency Altcoins

Ripple President Quashes Rumors About XRP Ledger Foundation’s Future Plans | Coin Media

News Room by News Room
August 7, 2024
in Altcoins
0 0
0
Ripple President Quashes Rumors About XRP Ledger Foundation’s Future Plans | Coin Media
0
SHARES
1
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article

In the digital currency world, where innovation and dynamism constantly redefine what is possible, the recent developments around XRP Ledger (XRPL) have caught the attention of enthusiasts and investors alike. Ripple President Monica Long, in a message shared via social media, shed light on the strategic moves intended to ensure the XRP Ledger not only thrives but leads in the ever-evolving realm of digital finance. In a significant turn of events, what was once known as the XRP Ledger Foundation has transitioned into the Inclusive Financial Technology Foundation (INFTF), marking a pivotal shift in its mission and objectives.

Concerns about the future of the XRP Ledger Foundation have been circulating within the community, especially in light of this notable rebranding. Ripple’s top brass took it upon themselves to address these concerns head-on. In response to a probing question from a community stalwart named Jungle, Ripple’s president clarified the situation in a manner that was both elucidative and reassuring. She confirmed ongoing discussions concerning the establishment of a new, independent XRPL Foundation, distinct from the INFTF, signaling a commitment to not just continue but also to enrich the legacy of the XRP Ledger.

These conversations, as highlighted by Ripple President Monica Long, involve key stakeholders including the original XRP Ledger Foundation, XRPL Labs, XRPL Commons, and Ripple, among others. The strategic dialogues aim to carve out a new, independent XRPL Foundation that would stand apart from the INFTF, ensuring the ledger’s enduring growth and innovation.

Hi Jungle, thanks for your questions. As Bharath and David mentioned, more details to come but to clarify for now, the discussions with XRPLF, XRPL Labs, XRPL Commons, Ripple and others are about a new (independent) XRPL foundation — this is different from the new INFTF…

— Monica Long (@MonicaLongSF) August 7, 2024

Adding his voice to the chorus, Ripple CTO David Schwartz detailed Ripple’s proactive dialogues with the XRP Ledger fraternity. Echoing the president’s sentiments, he underscored the mutual alignment of all involved parties towards nurturing a foundation that genuinely reflects and serves the interests of the XRP Ledger community. This further cemented Ripple’s commitment to transparency, innovation, and decentralization in handling the ledger’s future.

XRP Ledger Foundation rebrands to INFTF

The metamorphosis of XRPLF into INFTF was officially unveiled on Aug. 6, signaling a strategic pivot designed to embrace a broader spectrum of financial technology solutions beyond the XRP Ledger. This rebranding initiative underpins the foundation’s ambition to break free from the shackles of technological monogamy, thereby facilitating a more inclusive approach towards achieving its objectives. INFTF is set to dive deeper into the realm of global social and financial inclusion, leveraging its vibrant network of international collaborations.

The Foundation’s vision of inclusivity is not just limited to the technological spectrum but extends to its role in global social and financial integration efforts. As an associate member of the Organisation for Southern Cooperation, the INFTF has already begun making its mark on the global stage, championing the cause of social and financial inclusion across its 28 member countries. This strategic reorientation positions the INFTF as a custodian of not just the XRP trademark, the code repository, and the xrpl.org domain but as a vanguard of inclusive financial technology at large.

In conclusion, the landscape of digital finance is witnessing the dawn of a new era marked by strategic realignments, innovative foundations, and inclusive growth ambitions. While the transitioning of the XRP Ledger Foundation to the INFTF denotes a significant leap forward, the anticipated inception of a new, independent XRPL Foundation heralds an exciting chapter of sustained innovation, stability, and decentralization. As these entities embark on their respective journeys, the global financial technology community remains eager to witness the unfolding of this transformative narrative. For more insightful narratives and the latest in digital finance, turn to DeFi Daily News.



Source link

Tags: coinFoundationsfutureLedgermediaplanspresidentQuashesrippleRumorsXRP
ShareTweetShare
Previous Post

Incredible Air Jordan Shoe Sale! Prices Starting at Just $61.48 with Free Shipping and More Deals!

Next Post

Boot Barn Beats Expectations: GAAP EPS Hits $1.26, Surpassing Predictions by $0.19, with Revenue Reaching $423.4M, Exceeding Forecasts by $6.83M (NYSE:BOOT)

Next Post
Boot Barn Beats Expectations: GAAP EPS Hits .26, Surpassing Predictions by alt=

Boot Barn Beats Expectations: GAAP EPS Hits $1.26, Surpassing Predictions by $0.19, with Revenue Reaching $423.4M, Exceeding Forecasts by $6.83M (NYSE:BOOT)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – alt=

rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – $0.5 Reclaim In The Horizon?

June 28, 2025
rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

June 27, 2025
They’re Going ALL IN on Crypto: This is What Wall St is Buying!

They’re Going ALL IN on Crypto: This is What Wall St is Buying!

June 25, 2025
rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

June 28, 2025
Tottenham Express Interest in Buying English Star as Club Considers Selling Him

Tottenham Express Interest in Buying English Star as Club Considers Selling Him

September 28, 2024
IT STARTED: US Bombs Iran and CRASHES Bitcoin… What’s NEXT?

IT STARTED: US Bombs Iran and CRASHES Bitcoin… What’s NEXT?

June 22, 2025
rewrite this title Pod Save America Team Announces November Launch Of Live Event “Crooked Con” In D.C.

rewrite this title Pod Save America Team Announces November Launch Of Live Event “Crooked Con” In D.C.

July 28, 2025
rewrite this title China’s Z.ai Scoffs at US Sanctions, Launches Supercharged AI With .5B War Chest – Decrypt

rewrite this title China’s Z.ai Scoffs at US Sanctions, Launches Supercharged AI With $1.5B War Chest – Decrypt

July 28, 2025
rewrite this title Waymo taps Avis to manage robotaxi fleet in Dallas | TechCrunch

rewrite this title Waymo taps Avis to manage robotaxi fleet in Dallas | TechCrunch

July 28, 2025
rewrite this title BlackRock’s ETHA becomes 4th-largest ETF by 30‑day inflows as Ethereum funds aim for B

rewrite this title BlackRock’s ETHA becomes 4th-largest ETF by 30‑day inflows as Ethereum funds aim for $10B

July 28, 2025
rewrite this title with good SEO The Blockchain Is Not Forever? Controversy Over Missing Ledgers On XRPL Draws Ripple’s CTO Attention | Bitcoinist.com

rewrite this title with good SEO The Blockchain Is Not Forever? Controversy Over Missing Ledgers On XRPL Draws Ripple’s CTO Attention | Bitcoinist.com

July 28, 2025
rewrite this title and make it good for SEO#9 – “Institutions Can’t Beat A Basic Buy and Hold Allocation” – Meb Faber Research – Stock Market and Investing Blog

rewrite this title and make it good for SEO#9 – “Institutions Can’t Beat A Basic Buy and Hold Allocation” – Meb Faber Research – Stock Market and Investing Blog

July 28, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.