Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Was Jed McCaleb’s Exit from Ripple a ‘Breakup’ or a Brilliant Strategy? Find Out!

Share This Post

Ripple News

The post Was Jed McCaleb’s Exit from Ripple a ‘Breakup’ or a Brilliant Strategy? Find Out! appeared first on Coinpedia Fintech News

Jed McCaleb’s departure from Ripple in 2014 has long been the subject of speculation. Many believed it was the end of his involvement with the company, but what if it wasn’t a breakup? What if Jed’s split was a strategic move, part of a bigger plan to create a parallel blockchain system?

Ripple & Stellar: Split That Wasn’t a Split

Jed McCaleb, one of Ripple’s co-founders, was key in designing XRP’s early framework. He helped build XRP’s architecture and contributed to Ripple’s initial success. After some disagreements, Jed McCaleb left Ripple in 2014 and quickly started Stellar (XLM). 

While many thought it was a breakup, the timing looks more like a planned move. It happened just as Ripple was growing in the world of big finance and global payment systems.

Eventually, if we look at the timing of Jed’s departure, it aligns perfectly with Ripple’s institutional expansion, the rise of the ISO 20022 standard, and discussions by global financial bodies like the IMF, the BIS, and the WEF about the future of payments. 

This suggests that Jed wasn’t leaving; he was deployed to launch the second half of a global payment solution.

XRP and XLM: Complementary, Not Competitive

Ripple’s XRP and Stellar’s XLM were never rivals; they were two parts of the same global plan. XRP focuses on improving liquidity, enabling cross-border payments, and supporting central bank digital currencies (CBDCs) in the financial industry. 

On the other hand, Stellar works on bringing blockchain technology to underserved communities, humanitarian efforts, and retail stablecoin transactions.

Strategic Partnerships on Both Sides

Both Ripple and Stellar have quietly secured powerful partnerships. Ripple works with major financial institutions like Bank of America and SBI, supporting international banking systems. 

Meanwhile, Stellar is closely tied to humanitarian projects, with the United Nations using it for blockchain-based aid and Franklin Templeton using it for tokenizing assets.

Jed McCaleb’s exit from Ripple wasn’t an accident; it was part of a well-timed plan. As Ripple focused on the institutional side, McCaleb’s Stellar project set out to bring the power of blockchain to the people.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin Stays Resilient While Wall Street Stumbles – Details

Bitcoin’s price has surged some 25% since April 2, even as the big stock indexes declined The digital currency broke through $104,000 by May 12 Traditional markets such as the S&P 500 were

Binance Founder CZ Warns: Ledger Discord Hack Targets Recovery Phrases

The post Binance Founder CZ Warns: Ledger Discord Hack Targets Recovery Phrases appeared first on Coinpedia Fintech News The crypto world is once again on high alert as Ledger, the maker of popular

Alameda Research Unstakes $32M in Solana — Major Sell-Off Coming!

The post Alameda Research Unstakes $32M in Solana — Major Sell-Off Coming! appeared first on Coinpedia Fintech News Alameda Research, the bankrupt company tied to FTX, is back in the news after it

Pi Network Price Live: Here is What to Expect from the PI Price after the Latest 100% Rise

The post Pi Network Price Live: Here is What to Expect from the PI Price after the Latest 100% Rise appeared first on Coinpedia Fintech News As Bitcoin price gains strength, the altcoins are also

Rootstock Achieved Record Merged Mining Participation Despite Declining User Activity in Q1

In its Q1 2025 report, blockchain intelligence company Messari highlights significant developments in Rootstock, a bitcoin sidechain, including a record-high merged mining participation rate of 81%,

XRP Price Outperforms Bitcoin, Ethereum As ‘Strange Signal’ Emerges, Why The Target Is $4

The XRP price, while still being well below its all-time high price, is doing incredibly well after the market rebound The altcoin has been able to outperform the likes of Bitcoin and by a large