Ripple CTO David Schwartz told a “completely made up, hypothetical story” in 2023 where an unnamed exchange demanded millions of dollars to list XRP (CRYPTO: XRP), with the token later accounting for 20% of the exchange’s revenue after Ripple struck a deal.
The Hypothetical That Wasn’t So Hypothetical
In May 2023, Schwartz posted a cryptic tweet saying the story of Coinbase (NASDAQ:COIN) listing XRP was “the only story I most wish I could tell that I can’t.”
A month later, he followed up with a disclaimer that he was about to tell a “completely made up, hypothetical story” where any resemblance to real exchanges was “entirely coincidental.”
In his hypothetical, an unnamed exchange refuses to list XRP even though doing so …