Ripple does not require $XRP to function, and this is actually positive news, according to top lawyer Belisarius2020 xrp xrpsec xrparmy xrpcommunity xrpl xrpledger xrpthestandart ripple ripplesec $xrp
Morgan, however, assures XRP holders that there is no need to worry. He explains that this development shows that XRPL and XRP can function independently of Ripple's use of both in its specific products.
He further states that this is excellent evidence for the court that Ripple products do not require XRP either and that token use in the liquidity hub was never priced into it in 2021, or since.did specify that XRP will be evaluated along with other tokens for support within the product as the regulatory framework in the U.S. becomes clearer, thus confirming part of the community's view as to why XRP is excluded from the new service.
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