Is XRP Really Used by Banks? False Myths and Fake News

By ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ | Darknet | 8 Aug 2025

As you know, in July 2025, XRP returned to ATH (its highs, around $3.45, dated back to 2018). Banking systems that have integrated blockchain interoperability solutions use Chainlink's CCIP (Cross Chain Interoperability Protocol), not Ripple. This integration involves enabling tokenized asset transfers and interchain messaging (which was Ripple's primary goal). Ripple has a very aggressive community, and much of what you're reading is fake news:

1) "XRP is an excellent long-term investment and undervalued because banks will have to use it as liquidity" (XRP is largely centralized, and approximately 40 billion XRP are in escrow and still held by Ripple Labs and the team. 80% of the supply is in the hands of the founders. When there's a strong rally, the founders send XRP to exchanges and sell it ).

2) "XRP is compliant with regulations" (legal clarity is often confused with skyrocketing price or market dominance, but this isn't actually the case. Even if the legal case seems over, Ripple has had to pay a $125 million fine).

3) "XRP is being adopted by banks" (Ripple partners with some financial institutions, but only a few use their RippleNet infrastructure, which doesn't use XRP. ODL, On Demand Liquidity, which actually uses XRP, is adopted only by select small companies in Mexico and the Philippines).

4) "XRP is replacing the SWIFT payment system used by banks today" (obviously, this is false. Ripple built RippleNet, which is only used by a few small banks; in reality, it's quite secondary and isn't even used by its partners).

5) "XRP is used in real life" (in fact, in 2021, one of its partners, Santander, stated that it wasn't using it; MoneyGram ended the deal in 2020. RippleNet, where integrated, remains optional).

6) "XRP is a tool that banks will use to move money quickly and cheaply across borders" (the idea was that banks would hold XRP, use it to settle transactions, and continually rely on it in their payment systems. Use remains limited; some banks use RippleNet, but almost none of them use XRP. They rely on Ripple's messaging tools, such as xCurrent, not XRP).

7) "XRP has a lot of developers and dapps under construction" (there are fewer than 100 monthly active developers, and they only perform updates and bug fixes. DeFi, NFT, and decentralization are absent).

If you want to speculate on XRP, that's fine. XRP has seen big rallies in bull markets, but be careful about interpreting it as a long-term investment and also be wary of false narratives.