Ripple CTO David Schwartz steps back to focus on personal projects, with Dennis Jarosch taking over technical operations at Ripple.
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David Schwartz, the long-time CTO of Ripple, has announced he will step back from daily operations after more than a decade with the company. š§ š”
Transitioning to the role of āCTO emeritus,ā Schwartz will focus on personal projects and spending more time with family, though he will remain active within the XRP community. šµļøāļø
As Ripple continues its expansion, this leadership change marks a new chapter for both the company and its flagship XRP Ledger, with Dennis Jarosch stepping in to lead technical operations moving forward. š³ļø
Schwartzās Legacy and Transition to a New Role
David Schwartz has been with Ripple since 2011, when he helped design the XRP Ledger. His technical expertise and leadership have been key to the companyās success, particularly in the face of regulatory challenges. š
Schwartzās work has earned him recognition as one of the most influential figures in the blockchain space. š
As happens in oneās life, Iāve been taking stock of my last 40 years. Itās been a wild ride. Iāve gone from consulting for the NSA to watching the early stages of Bitcoin. Then, I met Arthur, Jed, and Chris and worked on coding the XRP Ledger. Now, Iāve spent more than 13 yearsā¦
– David ‘JoelKatz’ Schwartz (@JoelKatz)
As CTO, Schwartz played a major role in guiding Rippleās technology and its vision for the future. However, he now feels the need to focus on other projects and personal endeavors. š§©
In a post on X (formerly Twitter), Schwartz shared his excitement for returning to coding and exploring innovative ways to use XRP beyond Rippleās payment solutions. This shift will allow him to engage more deeply with the XRP ecosystem on a personal level. š§
Rippleās Leadership Transition and Future Plans
Dennis Jarosch, Rippleās senior vice president of engineering, will now take over technical operations. š§āš¬
Jarosch has been with Ripple for several years and is well-positioned to lead the companyās technical efforts. As Ripple continues to push the XRP Ledgerās use cases beyond payments, Jaroschās leadership will be essential for driving this expansion. š
One of the major areas of focus for Ripple is the RLUSD stablecoin project, which is expected to play a central role in the tokenized treasury markets. This is part of Rippleās broader strategy to explore new applications for the XRP Ledger. š°
Under Jaroschās leadership, Ripple aims to increase adoption and build new partnerships within the crypto and blockchain sectors. š¤
Ripple Community Reacts to Schwartzās Announcement
David Schwartzās departure from his CTO role has sparked mixed reactions from the Ripple community. Some people are concerned about how the leadership change might impact Rippleās direction. However, others have pointed out that Schwartzās new role on the board is significant and that he will still play a key part in the companyās future. š¤
For those who are concerned David is stepping down, being a member of the board of directors is a bigger and higher-ranking position than a Chief Technology Officer (CTO).
He can basically have a say in firing Brad for example :)) . Just kidding, but that is technically true.
– Dan’s Odyssey (@dan_tfhc)
Ripple CEO Brad Garlinghouse responded positively to Schwartzās transition, praising his contributions to the company. In a lighthearted moment, Garlinghouse joked about Schwartz now being his boss, given his new position on the board. š
Despite the change, Schwartzās continued involvement with Ripple reassures many in the XRP community, who are eager to see how the XRP Ledger evolves in the coming years. š
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2025-10-01 16:42