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

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

The most secretive AI winner

A century-old company that sells toilets and produces MSG has seen its stock price soar by "positioning" core materials for AI chips. This article clarifies the explosive opportunities for domestic substitution of semiconductor materials in the A-share market.

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

MiCA reshuffle begins, Binance temporarily bids farewell to the EU

What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.

How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?

The competition logic of exchanges has changed.

Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited

As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.

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