XRP, on the other hand, was built for a very specific use case — fast, low-cost cross-border payments — and it does that well, but with trade-offs like centralisation and large pre-mined supply.
It is not even that. If they wanted to build something for cross-border payments they didn't need to issue their own token or make their own blockchain, but how else would the stupid founders of XRP get rich?

Can i ask you how would you then solve the issue of cross border payments? what will be the counter party risk free asset to use in between for example GBP and USD ? you need a neutral assett and thats what XRP is and it works well with XRPL which has built in AMM.
If anything, I’d say XRP is more like a specialized fintech token than a store-of-value asset. The two play in totally different leagues — and that’s okay. Not every altcoin needs to be “the next Bitcoin.”
whats bit[Suspicious link removed]d for ? nothing you can use it for payments because it slower then snail and you cant do tokenization, XRP can be excellent store of value
That said, it’s interesting how narratives like this still get traction. Maybe that shows how strong Bitcoin’s benchmark status really is.
There's plenty of better solutions that don't involve XRP and it deserves to fade away to irrelevance.