As interest in XRP and the XRP Ledger grows, misleading claims about major financial institutions have also become more common.
One of the latest voices pushing back against those claims is XRPL validator Vet, who urged the community to stop spreading unsupported narratives linking XRP to organizations such as SWIFT and the Depository Trust & Clearing Corporation (DTCC).
In a post on X, Vet stated that SWIFT is not currently using XRP and advised community members to block influencers who claim otherwise or present such claims as certain future outcomes. According to the validator, repeated assertions that SWIFT has adopted XRP, or will, only damage the credibility of the XRP community.
SWIFT is not using XRP. I suggest Blocking all XRP influencers running around lying to you they are using XRP right now or tell you with certainty they will.
Free yourself, get lean. Same story with the DTCC news weeks ago.
It looks incredibly desperate, luckily its only a…
— Vet (@Vet_X0) July 11, 2026
Vet Rejects Claims About SWIFT and DTCC
Vet pointed to the same pattern in recent claims about the DTCC. Some X users suggested that the organization had integrated XRP, but there is no concrete evidence. He described these narratives as unnecessary and said they create unrealistic expectations among investors.
According to Vet, only a small portion of the XRP community continues to promote these stories, but their impact extends beyond that group. He maintained that spreading inaccurate information ultimately gives critics an easy opportunity to challenge the community and question the credibility of XRP supporters.
Responding to a community member who complained about what they viewed as increasing fear, uncertainty, and doubt surrounding XRP, Vet said much of that negativity is self-inflicted. He explained that when people publicly make claims that cannot be verified, others naturally respond by pointing out the inaccuracies. In his view, the criticism is directed less at XRP itself and more at those spreading misinformation.
Real Developments Deserve the Spotlight
Rather than relying on speculation, Vet encouraged the community to focus on developments already taking place across the XRP Ledger. He pointed to ongoing security improvements, the introduction of on-chain lending capabilities, the expansion of stablecoin activity, foreign exchange functionality, and compliant trading features through permissioned domains.
He also highlighted progress toward on-chain privacy, describing it as an important milestone for one of the oldest blockchains among the top digital assets by market capitalization. Vet suggested these technological advancements represent meaningful progress that can support long-term adoption without the need for exaggerated claims.
The validator added that developers and ecosystem participants work to onboard institutions and consumers while expanding XRP Ledger’s real-world use. Although he acknowledged that this work may not generate the same excitement as speculative rumors, he argued that genuine adoption is ultimately far more valuable.
Vet concluded that the XRP ecosystem is already making legitimate progress to support a positive investment thesis. Instead of promoting unsupported stories about SWIFT or other financial organizations, he encouraged the community to build confidence through verifiable achievements and continued development, saying that honest progress is far more compelling than narratives without evidence.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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