analysis

David Schwartz vs. Flare CEO: How Big Can XRP Ledger Lending Get?

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2News media
Published

A public debate has opened between David Schwartz and Hugo Philion over how large XRP-led lending on the XRP Ledger could become. The discussion is taking place before the ledger’s native lending feature has launched, and it remains framed as a friendly exchange. [39316] [39822]

Key claims & sources

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David Schwartz and Flare CEO Hugo Philion are debating how large XRP Ledger lending could become.
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The discussion is described as friendly rather than hostile.
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The exchange is happening before the XRP Ledger’s native lending feature has launched.
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The lending race around XRP is already underway even though the native lending feature has not launched yet.

What it means

Users and builders watching XRP lending will notice that the conversation is already public before the native feature exists. That means interest in XRP-based lending is visible now, rather than only after the ledger adds the tool.

What changes in practice is that XRP lending is being discussed and positioned before the native lending feature is available. What stays the same is that the native lending feature itself has not launched yet, so the exchange does not describe an operating change on the ledger today. (per beincrypto.com)

Market reaction i

XRPXRP it is the asset of the company or protocol in the event

XRP fell 3.6% in the 4 hours after the first headline, after a flat 2 hours before.

$1.40 price at the headline
0.0% 2 h before
-3.6% 4 h after
-1.4% 11 h after (so far)
First headline

47 prices, one every 30 minutes

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 8 12:54
+3 h 26 m
Oct 8 16:20
Coinpedia echo
No new facts: disagreement, highlights, coinpedia

Where this sits in the XRP series

WhenWhat happenedFigure
45 days ago XRP at $1.62 high today it sits -30.9% from there
today XRP at $1.11 low today it sits +0.9% from there

From what we have stored, starting 2 months ago.