The post Pundit Questions XRP Escrow, Governance, and Utility Amid Resurfaced Jed McCaleb Interview appeared on BitcoinEthereumNews.com.

An interview with Jed McCaleb, co-founder of both Ripple and Stellar, has resurfaced, reviving the argument around XRP and XLM.  The interview, originally aired by CNBC in March 2018, was recently shared by Stellar community member “Stellar Expert.” Alongside the clip, he asked several questions about Ripple’s practices and XRP’s structure. McCaleb Reveals Why He Left Ripple In the interview, McCaleb explained that he left Ripple to build a network with a different philosophy. He said he wanted to create something more open, more decentralized, and less tied to a single organization.  – Advertisement – To him, this meant launching Stellar as a nonprofit and focusing on building a system that worked more like the internet: something anyone could use, without needing approval from a central authority.  He criticized Ripple for giving too much control to one company. In addition, he suggested that the way its validators worked made it hard for outside participants to get involved. Building on this, Stellar Expert asked why Ripple continues to “dump on retail,” why the company can allegedly change network rules, why RippleNet relies on a group of validators linked to Ripple Labs, and what real role XRP plays for everyday users, given Ripple’s focus on banks and institutions. To the $XRP Community, watch this video and genuinely answer me this: 1. Why has Ripple been dumping XRP on retail? 2. If Ripple can change the rules, isn’t that TradFi with blockchain branding and how is it different from SWIFT or PayPal? 3. Why is RippleNet run by a… pic.twitter.com/GZ6Z0gcwia — Stellar Expert (@StellarExpert) July 15, 2025 Ripple’s Escrow Releases Notably, the answer to his first question lies in the escrow system Ripple set up back in 2017. The company locked 55 billion XRP into monthly time-based contracts that release one billion tokens…

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Filed under: News - @ July 16, 2025 12:27 pm