BroadChain, April 24, 06:30, according to Bitcoinist, XRP Ledger validator Vet recently stated that XRP, with its superior protocol design and strong use cases, is expected to play a key role in the process of decentralized finance (DeFi) replacing traditional finance (TradFi). He pointed out that traditional finance has structural flaws such as slow settlement, high costs, and cross-border limitations, while XRP, as a cross-border payment and liquidity intermediary asset, can effectively bridge the gap between the two.
Flare Network co-founder Hugo Philion countered, arguing that the protocol design of XRP Ledger is not flawless, citing vulnerabilities that have emerged in its deployment, and that "superiority" needs to be tested through large-scale real-world application. Vet responded that XRP deliberately sacrifices the compound risks and staking returns of smart contracts to reduce downside risk, and the upcoming XLS-66 upgrade is a manifestation of this design philosophy.
The debate between the two reflects the core divergence in the path of DeFi replacing TradFi: whether to pursue functional completeness or prioritize security and stability. If XRP can continuously validate its low-risk advantages in high-frequency scenarios such as cross-border payments, it may gain a leading position in the reshaping of the global financial system.