Ripple CTO emeritus and one of the original architects of the XRP Ledger (XRPL), David Schwartz, stated that the success of XRPL in financial applications is unlikely to not benefit its native cryptocurrency, XRP. Schwartz believes that XRP's unique advantages as the only native, counterparty-free asset on XRPL, used for paying transaction fees and maintaining account reserves, will help drive its long-term demand and value.