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XRP news today: DTCC Demonstrates Tokenization, Sparking XRP and XLM Speculation

Coin WorldTuesday, Apr 29, 2025 4:33 am ET
1min read

The Depository Trust & Clearing Corporation (DTCC) recently announced plans to tokenize the stock market during a live call demonstration. This announcement has sparked renewed speculation among digital asset enthusiasts regarding the future role of XRP and XLM.

According to Brett, a prominent commentator on X, the DTCC disclosed that its instant settlement mechanism would involve XRP and XLM. Brett emphasized the scale of the DTCC’s operations, noting that it currently settles over $2.5 to $3 quadrillion annually. Brett’s post highlighted that “Ripple” and “Stellar” were explicitly mentioned during the call. He described the demonstration as lengthy and technical but ultimately significant in illustrating how various elements—including payments, bonds, digital assets, currency, stock markets, and derivatives—are becoming interconnected.

Brett characterized this moment as part of a broader transformation he termed a “great wealth transfer,” and concluded by expressing optimism about the future convergence of financial systems. Despite the enthusiasm conveyed by Brett and others, the claim that XRP and XLM will serve as the core settlement mechanisms for the DTCC remains speculative. Brett’s statements did not cite any formal documentation or official confirmation directly linking XRP or XLM to the DTCC’s plans. Instead, the comments reflect interpretations based on the terminology used during the live demonstration and the broader context of emerging digital settlement technologies.

In response to Brett’s assertions, other members of the digital asset community urged caution. An X user identified as Carace stated that “there is no evidence that DTCC has taken a specific stance on XRP.” Carace further clarified that DTCC focuses on leveraging distributed ledger technology (DLT) for securities settlement without confirmed integration of XRP. According to Carace, speculation regarding partnerships or formal adoption of XRP at the DTCC level is not backed by official sources.

The DTCC’s recent demonstration signals the organization’s intent to modernize its settlement processes through tokenization and blockchain technology. However, based on the information available at this time, claims regarding XRP and XLM serving as the backbone of this transformation remain speculative. No official documentation or corporate statements confirm the integration of either digital asset into the DTCC’s operational framework.

Ask Aime: "Will XRP and XLM become the new settlement mechanisms for the DTCC?"

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