Ripple's Chief Technology Officer, David Schwartz, has announced his decision to step down from his role by the end of 2025. Schwartz, who has been instrumental in developing the core code of the XRP Ledger, has served at Ripple for over 13 years, including 7 years as CTO. Despite his departure from the executive role, Schwartz will remain involved with Ripple by joining its board of directors and continuing to participate in company affairs.