The XRP Ledger has operated as a multi-asset ledger since 2012. That fact alone places it well ahead of most blockchain networks in terms of history and design scope.
XRPL Validator Vet recently explained on X what that history means for XRP’s role on the network today. The XRPL supports settlement, tokenization, credit, and trading. Within that ecosystem, XRP holds a specific technical position that no other asset on the ledger shares.
Auto-Bridging and the DEX
XRP plays a role in auto-bridging on the XRPL’s decentralized exchange. Auto-bridging uses XRP to connect liquidity between trading pairs that lack a direct market, particularly for less-traded assets. As usage of the ledger grows and more assets trade on the DEX, auto-bridging triggers more often.
Vet described XRP as “the only native asset on the network without a counterparty, neutral, can’t be frozen, anyone can accept it.” That neutrality is the basis of its monetary argument. No issuer backs it. No entity can freeze it. Any participant on the network can accept it.
I see sometimes comments saying XRP is not used here, why tokenized assets, price is not moving etc.
You definitely need to understand this here.
The XRP Ledger is a multi asset ledger since 2012.
XRP has a special role in auto-bridging: bridging liquidity on the DEX for the…
— Vet (@Vet_X0) October 22, 2026
The Order of Operations Argument
Vet’s core position is that price should follow adoption, not lead it. “Let the price of the native asset be a knock on effect of large scale usage and acceptance of the XRP Ledger,” he wrote. A network built for settlement and tokenization at scale requires neutral money to function. Vet argues XRP fills that role by design.
The Pushback
Not everyone accepted the argument. Community member Jdjdje raised volatility as the central obstacle, writing that stablecoins remain “the choice on the ledger.”
Eolie called on Ripple CEO Brad Garlinghouse to articulate the same case publicly, expressing frustration that RLUSD announcements dominate the conversation. Clfmac measured success strictly by price, noting XRP has never reached $4 in 14 years.
These responses reflect genuine tension in the community between long-term structural arguments and short-term performance expectations.
A Network Argument, Not a Price Prediction
Vet did not make a price prediction. He made a network argument. The XRPL’s value as infrastructure for settlement, credit, and tokenized assets is the foundation. XRP’s neutrality makes it the logical monetary layer within that infrastructure. Whether that argument translates into price movement remains an open question, but the technical case Vet presents is grounded in how the ledger actually operates.
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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