An executive at Ripple said that the XRP currency serves institutions.
Rejected the narratives of speculation in the retail sector.
He portrayed the XRP currency as a financial infrastructure.
Community reactions have divided on the importance of the topic.
A former senior official at Ripple stated that the token $XRP is not a currency for individual trading. According to Dilip Rao, former head of infrastructure innovation at Ripple, this asset is designed to serve major financial systems. Describing XRP as a 'banking currency,' he emphasized its role in settling cross-border transactions, noting that institutions require speed, reliability, and liquidity. He also positioned XRP as a core protocol for global payments, rather than a tool for gambling among ordinary traders.
Individual speculation generates market noise
Rao clarified that individual speculation creates unwarranted market noise. He added that short-term trading is a wrong approach for XRP, pointing out that price fluctuations obscure the asset's real utility. He emphasized that banks focus on efficiency, not price schemes, and that institutions need predictable systems. He described XRP as a 'financial pipeline', not seeking profits based on media hype.
Institutional adoption of XRP
Rao revealed that most sales $XRP were to institutions. He explained that financial companies use XRP to provide wholesale liquidity, and that banks rely on it as a settlement asset, likening its future to digital gold. From this perspective, he argued that the value of infrastructure assets comes not from speculation, but from actual use. He added that institutional adoption will be a key determinant for future XRP applications.
This statement was part of a conference held in 2018, and it was circulated again by cryptocurrency users in 2026. Influencers shared it to enhance the image of XRP as an institutional project, coinciding with a renewed focus on practical applications of blockchain. As a result, the video gained new momentum despite its age.
Community reactions
Rao received support from some users who agreed that banks are the primary target category of $XRP , arguing that individual noise undermines credibility. In contrast, others criticized the video, describing it as outdated, and questioned how much control institutions currently have over the use of XRP. Allegations emerged that some parties were recycling old content. Nevertheless, the controversy sparked community interest in the original philosophy behind XRP's design.
This indicates a broader conceptual shift in the world of cryptocurrencies, where an increasing number of investors are focusing on practical utility. They value networks that address real problems, prioritizing institutional use over entertainment content or memes. XRP is considered a settlement layer, and the message is clear: whether individual traders accept this role or not, XRP aims to be a force in financial systems, not just a trading scheme.
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