TechFlow news: Ripple's Chief Technology Officer (CTO) David Schwartz shared his views on whether the AMM (Automated Market Maker) feature would impact the XRP price.
Prior to this, some members of the XRP community had expressed concerns that the feature might lead to a significant drop in XRP price.
Schwartz mentioned on X that he believes the AMM functionality on the XRP Ledger will not have a major effect on the XRP price. He argues that volatility harvesting strategies such as arbitrage on DEXs won't quickly reduce the price volatility of XRP.
He further explained that his assertion is based on the fact that DEX trading activity on the Ripple Ledger represents only "a drop in the ocean of XRP trading."
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