Drew :
You are uninformed. JP Morgan's Kinexys, BlackRock's chain, every bank building their own permissioned ledger, that's exactly the problem, not the solution. Each one is an island that only settles value among its own members. A bank's own deposit token is a liability of that bank, it only works inside that bank's walls, it can't move value to someone outside the network.
XRP has no issuer and no membership requirement. Any two parties can use it without either one joining the other's private chain. The more of these separate chains get built, the more each one needs a neutral bridge to reach everyone outside its own walls.
This already happened. Last month Ondo redeemed a portion of its tokenized US Treasury fund on XRPL, the asset leg settled in under 5 seconds, and Mastercard's Multi-Token Network routed the fiat payout through JPMorgan's Kinexys platform to close it out. Ondo's own president called it laying the groundwork for markets that never close. That's JPMorgan's own institutional platform already touching XRPL in a live transaction, not theory.
Ripple isn't fighting this trend, they're positioned underneath it. DTCC, NSCC clearing, Evernorth, RLUSD, all quietly building the connective layer while everyone else builds their own silo. XRP isn't dead, it's the thing every one of those silos will eventually need to talk to the rest of the world."
2026-07-27 02:29:03