Ripple's chief technology officer, David Schwartz, addressed concerns regarding the company's transparency and the declining activity on its XRP Ledger (XRPL). Despite claiming to have over 300 bank partnerships, Ripple has seen a significant drop in XRPL usage, with a reported 30% to 40% decrease in transaction volume and new wallet creation. Schwartz explained that many institutions prefer off-chain transactions due to various reasons, including security concerns related to terrorism financing.

He acknowledged that while there is growing interest from institutions in moving on-chain, the process has been slow. Schwartz indicated that features like "permissioned domains" could potentially help address some of these security issues but did not provide specific details on how this would work.

The XRPL itself is described as a decentralized blockchain launched in 2012 that underpins XRP. Although there have been partnerships aimed at tokenization with entities like the Dubai government and Guggenheim Partners, there remains a lack of clear tracking tools for on-chain activities related to these collaborations. Ripple's recent reports highlighted that while decentralized finance (DeFi) activity on XRPL showed resilience compared to other segments, overall engagement had decreased significantly since early 2025.

In light of these developments, Ripple announced plans to modify its quarterly XRP Markets Report starting in Q2 2025 but reassured stakeholders of its commitment to transparency regarding updates related to Ripple and XRP.

Original article

The article provides an update on Ripple's situation and its XRP Ledger (XRPL), addressing concerns about transparency and activity.

Actionable Information: While the article informs readers about Ripple's plans to modify its quarterly report and its commitment to transparency, it does not offer any immediate actions for readers to take. There are no clear steps or instructions provided that would allow individuals to directly engage with or influence Ripple's strategies.

Educational Depth: It offers some insight into the reasons behind the decline in XRPL usage, such as institutions' preference for off-chain transactions due to security concerns. However, it lacks depth in explaining the technical aspects or providing a comprehensive understanding of the challenges and potential solutions. The mention of "permissioned domains" as a possible solution is vague and requires further explanation to be educationally valuable.

Personal Relevance: The topic may be relevant to individuals invested in XRP or those following the cryptocurrency market. It could impact their financial decisions and understanding of the industry. However, for the average person, the article's content may not have an immediate or direct impact on their daily lives or long-term plans.

Public Service Function: The article does not serve an explicit public service function. It does not provide official warnings, emergency contacts, or practical tools that the public can use. Instead, it primarily serves as an update on a specific company's situation and its plans, which may be of interest to industry watchers but does not offer direct assistance to the general public.

Practicality of Advice: As the article does not provide advice or recommendations, the practicality of its content is not applicable in this context.

Long-Term Impact: The article's focus on Ripple's transparency and its plans for the XRP Ledger suggests a long-term vision. However, without specific details or a clear roadmap, it is challenging to assess the potential long-term impact on the industry or individuals.

Emotional/Psychological Impact: The article is informative but does not aim to evoke specific emotions or provide psychological support. It presents facts and addresses concerns, but it does not offer strategies to help readers manage their emotions or make informed decisions based on the information provided.

Clickbait/Ad-Driven Words: The language used in the article is relatively neutral and does not employ sensational or misleading tactics to grab attention. It presents the information in a straightforward manner, avoiding excessive hype or dramatic language.

Missed Opportunities: The article could have benefited from providing more concrete examples or case studies to illustrate the challenges and potential solutions. Additionally, offering links to further resources or expert opinions could have enhanced its educational value and empowered readers to explore the topic more deeply.

In summary, the article serves as an informative update for those interested in Ripple and the cryptocurrency space. However, it lacks actionable steps, in-depth explanations, and practical advice, limiting its overall utility for the average reader. To enhance its value, the article could have included more detailed insights, clear examples, and resources for further exploration.

The text describes a situation where a company, Ripple, faces concerns about its transparency and the decline in activity on its blockchain platform, the XRP Ledger. While the company boasts numerous partnerships, there is a noticeable drop in on-chain transactions and wallet creation, which raises questions about the actual engagement and trust within its network.

This decline in activity could potentially impact the strength and survival of local communities and kinship bonds. The lack of on-chain engagement may signify a disconnect between the company and its users, leading to a potential erosion of trust. When institutions prefer off-chain transactions due to security concerns, it indicates a lack of confidence in the system's ability to protect their interests, which could extend to other aspects of community life.

The mention of "permissioned domains" as a potential solution is concerning. While it may address security issues, it also hints at a more controlled and centralized approach, which could limit the freedom and autonomy of local communities and families. Centralized control over blockchain activities could lead to a situation where the natural duties of parents and extended family to raise children and care for elders are diminished, as decisions are increasingly made by distant authorities.

The lack of clear tracking tools for on-chain activities related to partnerships is also problematic. This opacity could lead to a lack of transparency and accountability, which are essential for maintaining trust within communities. Without clear visibility, it becomes difficult for families and clans to assess the impact of these partnerships on their local resources and the well-being of their members.

The decline in overall engagement, especially in decentralized finance (DeFi) activities, is a further cause for concern. DeFi, if properly utilized, can provide opportunities for local communities to access financial services and build economic resilience. A decrease in such activities could limit these opportunities, potentially impacting the ability of families to provide for their members and plan for the future.

The announcement of modifying the XRP Markets Report is a step towards transparency, but it does not address the core issues of declining activity and the potential erosion of trust.

If these behaviors and ideas spread unchecked, the consequences could be dire. The decline in on-chain activity and the shift towards centralized control could lead to a situation where local communities and families become increasingly dependent on external authorities, diminishing their ability to make decisions that directly impact their survival and the well-being of their members.

The lack of transparency and the potential for security concerns could also lead to a breakdown of trust within communities, impacting the ability of families to cooperate and support each other. This could result in a fragmented society, where the protection of children, the care of elders, and the stewardship of the land are compromised.

In conclusion, the ideas and behaviors described in the text, if left unaddressed, have the potential to weaken the bonds that hold families and communities together. They could lead to a situation where the natural duties of kinship are neglected, and the survival and continuity of the people are threatened. It is essential to prioritize local accountability, transparency, and the protection of family structures to ensure the long-term survival and prosperity of communities.

"Despite claiming to have over 300 bank partnerships, Ripple has seen a significant drop in XRPL usage..."

This sentence uses a trick with words to downplay the drop in usage. It starts with "despite," which makes the drop seem like an exception to the success of bank partnerships. The word "claiming" also suggests doubt, implying that the number of partnerships might not be accurate. This sentence creates a false belief that Ripple's success is unquestionable, when in reality, there is a decline in usage.

The text conveys a range of emotions, primarily stemming from the concerns and responses of Ripple's chief technology officer, David Schwartz, regarding the company's transparency and the decline in activity on its XRP Ledger.

Schwartz's acknowledgment of the company's challenges and the reasons behind the drop in XRPL usage hints at a sense of realism and honesty. He expresses a realistic view of the situation, acknowledging the security concerns and the preference for off-chain transactions by institutions. This honesty creates a sense of trustworthiness, as he doesn't shy away from the issues but instead addresses them directly.

However, there is also a hint of disappointment and concern in his tone. The reported decrease in transaction volume and new wallet creation indicates a potential loss of interest or trust in the XRP Ledger, which could be a cause for worry for the company and its stakeholders. This emotion serves to highlight the gravity of the situation and the need for action to address these concerns.

Schwartz's explanation that institutions are interested in moving on-chain but the process is slow suggests a sense of anticipation and potential frustration. He seems to imply that there is a desire for change and improvement, but the progress is not as rapid as they would like. This emotion builds a narrative of hope and potential, suggesting that while there are challenges, there is also the possibility of future growth and success.

The mention of features like "permissioned domains" to address security issues adds a layer of optimism and problem-solving. It shows that the company is actively seeking solutions and is aware of the need to adapt to the changing preferences of its users. This positive emotion helps to reassure readers and stakeholders that Ripple is taking proactive steps to improve its platform and address the concerns raised.

The text also conveys a sense of transparency and openness. Ripple's announcement to modify its quarterly report and its reassurance of transparency indicate a willingness to be open about its operations and updates. This emotional appeal is a strategic move to build trust with its audience and demonstrate a commitment to keeping stakeholders informed.

To persuade readers, the writer employs a balanced approach, using both positive and negative emotions. By acknowledging the challenges and being transparent about them, the writer creates a sense of honesty and reliability. This strategy aims to build trust and encourage readers to continue engaging with Ripple's narrative. Additionally, by highlighting potential solutions and future growth, the writer inspires a sense of optimism and encourages readers to see the company's potential for improvement.

The use of descriptive language and phrases like "growing interest" and "slow process" adds a layer of emotional depth to the text. These phrases create a visual and emotional image in the reader's mind, making the message more engaging and memorable. By comparing the current situation to a potential future state, the writer also employs a persuasive technique known as "future pacing," which helps readers imagine a positive outcome and thus be more receptive to the message.

In summary, the text skillfully navigates a range of emotions to guide the reader's reaction. By expressing honesty, realism, and a sense of potential, the writer builds trust, addresses concerns, and inspires a positive outlook. The strategic use of emotional language and persuasive techniques ensures that the message is not only informative but also compelling and engaging.