The departure of Jed McCaleb from Ripple in 2014 has long been the subject of speculation. Many believed that it was the end of his involvement with the company, but what if it wasn’t falling apart? What if Jed’s split was a strategic move, part of a larger plan to make a parallel blockchain system?
Ripple & Stellar: Split that was not a split
Jed McCaleb, one of the co-founders of Ripple, was the key in designing the early framework of XRP. He helped with the construction of XRP architecture and contributed to Ripple’s first success. After some disagreements, Jed McCaleb Ripple left in 2014 and quickly started Stellar (XLM).
Although many thought it was a break, the timing looks more like a planned movement. It happened just when Ripple grew in the world of great finances and global payment systems.
Ultimately, when we look at the timing of Jed’s departure, it perfectly adjusts it to Ripple’s institutional expansion, the rise of the ISO 20022 StandardAnd discussions of global financial authorities such as the IMF, the BIS and the Wef about the future of payments.
This suggests that Jed did not leave; He was used to launch the second half of a global payment solution.
XRP and XLM: Complementary, not competitive
Ripple’s XRP and Stellar’s XLM were never rivals; They were two parts of the same global plan. XRP focuses on Improving liquidity, making cross -border payments possible and supporting digital currency of the Central Bank (CBDCs) in the financial sector.
On the other hand, Stellar is working on bringing blockchain technology to disadvantaged communities, humanitarian efforts and stabile transactions.
Strategic partnerships on both sides
Both Ripple and Stellar have quietly protected powerful partnerships. Ripple works with Large financial institutions Just like Bank of America and SBI, to support international banking systems.
In the meantime, Stellar is closely linked to humanitarian projects, in which the United Nations are using it for blockchain-based help and Franklin Templeton who use it for tokenizing activa.
The exit of Jed McCaleb from Ripple was not an accident; It was part of a well -timed plan. While Ripple concentrated on the institutional side, the Stellar McCaleb project wanted to bring the power of blockchain to the people.