At the $XRP event in Las Vegas, David Schwartz outlined a clear long-term vision for how Ripple plans to develop the $XRP ecosystem. Ripple’s esteemed Chief Technical Officer said the company starts with institutions and ultimately reaches everyday users. Key Points Ripple primarily targets institutional investors, building infrastructure before providing $XRP to retail users. David Schwartz claims that early adoption of cryptocurrencies in the corporate sector will ensure the liquidity, trust, and systems needed for mass cryptocurrency adoption. Demand from retail investors remains weak, and DeFi volume continues to stagnate at around $150 billion, while continuing to lack familiar tools such as loans and payments.