Is There A “Secret XRP Ledger” And Is The Price Really At $1,000?

By: bitcoinist|2025/05/02 23:15:01
0
Share
copy
A prominent member of the XRP community, XRP Investing, has commented on the speculations that there is a secret XRP Ledger (XRPL). The community member also addressed theories that the XRP price is trading at $1,000 on this private ledger. Insights Into The Secret Ledger In an X post , XRP Investing stated that the claims that there is a secret version of the XRP Ledger where banks move billions anonymously aren’t a conspiracy. The community remarked confidently that besides the public XRPL , there is a ‘CBDC Private Ledger,’ which he claimed Ripple announced as the private version of the XRPL in 2021. XRP Investing stated that the crypto firm built this private XRP Ledger specifically for Central Banks. He claimed that it is private because these banks demand privacy, compliance, and control. This Ledger enables them to issue Central Bank Digital Currencies (CBDCs) without exposing their data or using XRP. The community member added that the CBDC Private Ledger is tailored for wholesale and retail digital currency, not public crypto trading. Meanwhile, he asserted that Ripple has confirmed that this XRP Ledger is real and isolated from the public XRPL. XRP Investing further remarked that XRP isn’t used on the private Ledger at all. Indeed, Ripple released a blog post in 2021, announcing the pilot phase of a private version of the public, open-source XRP Ledger. The crypto firm stated that this private version of the XRP Ledger will provide central banks with a secure, controlled, and flexible solution for the issuance and management of digital currencies. Ripple explained that it chose to make this version of the XRPL private because a Central Bank requires more transaction privacy and control over its currency than a public ledger can offer. As such, these banks would most likely opt to create their CBDCs on a private ledger, which they can also operate on a large scale. XRP Price Differences On The Two Ledgers? XRP Investing also addressed speculations that the price on the private XRP ledger is different and trading at $1,000. He noted that these were simply rumors that Ripple’s Chief Technology Officer (CTO), David Schwartz , had shut down. As such, there is officially no double pricing for XRP on both ledgers. The community member reiterated that the private ledger does not use XRP. He noted that this development matters because it shows that Ripple’s private XRP Ledger isn’t just a clone but a real use case for XRPL technology. The community member added that this positions the crypto firm at the heart of future CBDC infrastructure, which he claimed is bullish. This could boost XRP’s adoption in the long run if these banks decide to use the native token to facilitate transactions.

You may also like

Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...

July 6 Market Important Events Overview

How has Binance's stock business performed in the 30 days since its launch?

Emerging market buying supported the first wave of demand.

Blockchain Capital Partner: AI is rewriting the fundamental unit of labor

The rise of AI is rewriting the basic unit of labor from "positions" and "companies" to "tasks." When programmable labor meets programmable currency, a production line without companies, salary systems, or HR becomes possible for the first time.

Can Open USD support Stripe's ambitions?

Stripe collaborates with multiple parties to launch OUSD, not only challenging the dominance of USDC but also exposing its trillion-dollar ambition to transition from a "payment interface" to a "next-generation funds settlement network."

Founder of Baixing.com: I believe half of the statement that large language models devour everything

The internet has been shouting for so many years about devouring everything. Has it really devoured everything now? Is it the internet that devours everything, or is it the large models that devour everything? Both are devouring, and nothing is left?

A "legal" robbery? Attackers emptied the BonkDAO treasury by buying tickets

Handing over the keys to the vault to a public vote where "anyone can spend money to participate," without sufficient oversight mechanisms, even the most legitimate governance ideals may turn into the most convenient tools for attackers.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com