RippleX, the developer-focused arm of Ripple, used the Jan. 6 X to refresh the set of “FASTS FACTS” about XRP, make the asset framework smaller as a speculative ticker and market infrastructure, come as the momentum of ETFs and early treasury narratives begin to circle the mark.
“XRP is the digital asset of choice for real-world applications – from stablecoin settlements to real-world assets, to institutional payments,” wrote RippleX. “With new developments regarding XRP ETFs and wealth structures, here are the updated updated FACTS about XRP.”
What is XRP?
The opening points of the series stick to an area that Ripple has depended on for years: XRP as a currency and a settlement train between financial systems instead of an application layer bet.
RippleX described it as “an active digital asset designed for payments and liquidity, focused on the movement of value between financial systems,” adding that, “acting as a neutral bridge, it helps move value between payments, stablecoins, tokenized financial assets, and collateral throughout the global economy.”
RippleX also emphasized the barriers to supply and control narratives that often arise with institutional due diligence. “XRP was created at the launch of XRPL in 2012 and its supply is permanently capped at 100B – no more XRP can ever be created and no single entity (including Ripple) can control or change the total supply,” the post said.
Some of the “fast facts” were about market positioning rather than mechanics, including the claim that XRP is “one of the few digital assets with a clear regulatory position in the US” and that it remains a top three asset by market capitalization.
RippleX provided several entries on the decentralization metrics and operational history of XRPL, emphasizing that the ledger operates outside of Ripple the company.
“XRPL is a public blockchain, with 116+ private proofs and 910+ public nodes – it operates outside of Ripple as a business,” wrote RippleX. “XRP plays an important role in the network as its asset of residence and liquidity.”
In consensus and execution, RippleX said that XRPL uses “Proof-of-Association (PoA),” describing the model as “no mining, no staking, no block rewards,” and “transactions last 3–5 seconds.” It also pointed to statistics on the scale of the network since its inception: “4B+ transactions,” “100M+ ledgers,” “6.4M+ wallets,” and “$1T+ value” resolved.
Real World Assets and Stablecoins
A notable part of the series focuses on RWAs and stablecoins, two categories where issuers and liquidity relationships are more important than raw TPS.
RippleX said that XRPL is “now one of the top 10 blockchains for RWA activity,” listing issuers and programs “such as Ondo Finance, OpenEden, Archax/abrdn, Guggenheim Treasury Services, Mercado Bitcoin, VERT, and the Dubai Land Ministry” as building or launching assets in XRPL.
For stablecoins, RippleX cited a “growing stablecoin ecosystem” that includes “RLUSD, USDC, XSGD, AUDD, BBRL/USBD, and EURCV,” adding that “XRP often acts as a liquidity pair,” facilitating exchanges between stablecoins and other assets on the network.
RippleX’s ultimate “fast facts” are aimed specifically at regulatory access and institutional balance sheets. It says XRP “now has its first institutional treasury” through Evernorth, which “has secured over $1B in commitments,” describing this as a shift “from a tradable asset to a regulated, institutional balance sheet asset.”
It also said XRP is “now supported by multiple ETFs,” naming Bitwise (XRP), Canary Capital (XRPC), Franklin Templeton (XRPZ), and Grayscale (GXRP) as issuers—positioning ETFs as a bridge to “regulated, mainstream investment products.”
Finally, RippleX pointed to wrapped XRP as a lever for collaboration, saying it extends the use of XRP to the “XRPL EVM Sidechain” and to ecosystems including “Ethereum, Solana, Optimism, and HyperEVM.”
At press time, XRP traded at $2.20.
The featured image was created with DALL.E, a chart from TradingView.com
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