Jake Claver Says Native Yield on XRP Changes the Game

The $XRP Ledger is in a new phase of development, according to Jake Claver, CEO of Digital Ascension Group, who believes the ecosystem now has the missing pieces institutions have long been waiting for.

In a recent post on X, Claver said the infrastructure currently being built on XRPL sets the stage for large-scale institutional participation. Specifically, he pointed to native yield generation through automated market maker (AMM) pools.

Key Points

• Jake Claver says XRPL now has the infrastructure institutions need, with native yield as a key unlock.
• XRPL AMMs let $XRP holders earn yield on-chain, shifting $XRP from passive holding to active use.
• RippleX says XRPL is built for real-world finance, expanding into RWAs, stablecoins, and payments.
• With clearer regulation and better assets, XRPL is moving from long-term promise to utility.

Native Yield Turns $XRP Holders Into Active Participants

Claver highlighted that XRPL’s AMM functionality allows $XRP holders to earn yield directly on the network, rather than simply holding the asset passively.

In his view, this marks a structural shift for $XRP. The coin moves from being only a bridge asset or settlement token to one where $XRP holders can participate in network liquidity and earn yields.

This development further confirms that XRPL is evolving from a payments-focused ledger into a broader financial ecosystem.

RippleX: XRPL Built for Real-World Financial Use Cases

Claver’s comments align closely with statements made by Markus Infanger, Senior Vice President at RippleX, during Paris Blockchain Week 2024.

Infanger explained that the $XRP Ledger was designed first and foremost for real-world financial activity. After starting with payments, it is now expanding into areas such as real-world asset (RWA) tokenization and stablecoins.

According to Infanger, the goal is to bring traditional financial activity on-chain by removing friction, reducing costs, and improving efficiency. XRPL has already demonstrated success at scale in these areas.

Regulation and RWAs as the Next Major Catalyst

Infanger also emphasized that regulation remains one of the final pieces needed to unlock mass adoption. He noted that Ripple has already shown that blockchain can operate within compliance frameworks, processing billions of dollars in payments annually at a fraction of the cost of legacy systems.

With regulatory clarity improving in regions such as Europe, Singapore, and the UAE, Infanger believes the industry is approaching a paradigm shift.

He pointed to the vast amount of off-chain financial assets, estimated at over $1 quadrillion, and suggested that just 10% moving on-chain would be transformative.

Stablecoins and Asset Quality Remain a Key Challenge

Despite growing infrastructure, concerns remain around liquidity quality on XRPL. While the number of AMM pools has surged, overall $XRP liquidity has remained largely flat in recent months.

Community voices, including Panos Mekras of Anodos Finance, have argued that the ecosystem needs higher-quality assets such as trusted stablecoins and RWAs to unlock meaningful growth. Without them, low-utility tokens risk fragmenting liquidity rather than attracting new capital.

This is where RippleX sees stablecoins playing a critical role. Infanger noted that the stablecoin market could grow from roughly $310 billion today to nearly $3 trillion over the next five years, positioning compliant, enterprise-grade solutions as a gateway between traditional finance and crypto.

Essentially, Claver’s remarks and RippleX’s roadmap suggest that XRPL is moving closer to fulfilling its long-standing institutional narrative.

With native yield, expanding real-world use cases, and improving regulatory clarity, the $XRP Ledger is transitioning from promise to practical utility.