XRP Price Stable As Apex Sparks Debate With Ripple IMF Escrow Claim
TLDR
- Apex says Ripple’s XRP escrow is tied to the IMF after 9,000 hours of research.
- Ripple holds 35 billion XRP in escrow with scheduled monthly releases.
- Apex links XRP to the IMF’s SDR framework and the Bretton Woods financial system.
- XRP trades at $0.57 with $30B market cap as community awaits Apex proof.
A recent claim by Apex Crypto Insights has stirred strong reactions across the cryptocurrency community. The group alleges that Ripple’s XRP escrow may be connected to the International Monetary Fund (IMF). The post, which quickly gained traction on social media, suggests Ripple could play a role in a future global financial system. This news has caused a divide in the XRP community, with many waiting to see if any proof will be presented.
Allegations of XRP Escrow Involvement with the IMF
Apex Crypto Insights shared a post stating that a portion of XRP held in Ripple’s escrow might belong to or be allocated to the IMF. Ripple currently holds about 35 billion XRP in escrow, with monthly releases used to manage liquidity. The claim was made after what Apex called “9,000 hours of research” connecting Ripple to global financial structures.
Source: Apex Crypto Insights (NFA) /X/
The group referred to Ripple’s role in possibly supporting international liquidity through digital assets. They linked XRP to the IMF’s use of Special Drawing Rights (SDRs), suggesting XRP could be part of an evolving electronic SDR (eSDR) system. There is no official comment from Ripple or the IMF at this time.
Historical Links and Distributed Ledger Technology
Apex also cited historical links between Ripple’s technology and global financial systems established under the Bretton Woods Agreement of 1945. They mentioned that Ripple’s infrastructure may align with the goals of unified global transactions and liquidity stability. This framework introduced the IMF and World Bank, laying the foundation for modern monetary cooperation.
David Schwartz, Ripple’s Chief Technology Officer, was also referenced. Apex pointed to a 1988 patent by Schwartz on distributed ledger systems, arguing it could show long-term planning behind Ripple’s technology. These claims are yet to be verified by any third-party source or financial institution.
Community Reaction and Market Movements
The XRP community has been split since the post gained traction. Some investors see it as a bold confirmation of Ripple’s global role, while others remain skeptical due to a lack of solid proof. Social platforms saw an increase in activity related to XRP, with many calling for further details from Apex.
Following the post, Ripple’s native token XRP remained stable around $0.57. Its market cap stands near $30 billion, with steady trading volume. Analysts have noted increased attention on XRP, though no clear movement has followed the announcement so far.
Upcoming Podcast May Clarify Claims
Apex is expected to release more information in an upcoming interview with Paul Barron. This podcast is being promoted as a platform that may confirm or reject Apex’s claims. Until then, many in the community are cautious about making firm conclusions.
Some expect new details to support the link between XRP and the IMF, while others warn against premature assumptions. The community continues to monitor the situation, hoping for clarification through verifiable information.
The post XRP Price Stable As Apex Sparks Debate With Ripple IMF Escrow Claim appeared first on CoinCentral.
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