Ripple’s David Schwartz Rejects Claims of a Secret Government XRP Plan
His remarks steer investors toward verifiable data over rumor.
Overview
- Schwartz, speaking in a live X audio session Friday, said he knows of no U.S. government or central bank plan tied to XRP.
- He said partner non-disclosure agreements are routine business tools that protect pricing and product details, not proof of hidden deals.
- He added that Ripple’s large XRP escrow is visible on the blockchain, with releases that follow a set schedule anyone can check.
- He warned that trading on supposed hidden signals can lead to self-deception and losses, urging decisions based on public facts.
- Reports note Ripple’s disclosed work with banks like Deutsche Bank and Société Générale and its RLUSD stablecoin efforts, which focus on payments infrastructure rather than secret XRP programs.