Crypto influencer RipplePumpkin has posted a detailed tweet accompanied by a video clip of Ripple CTO David Schwartz, emphasizing the claim that XRP will hold the same value across public and private ledger environments.
This assertion is centered around XRP’s use case in central bank digital currency (CBDC) settlement and its integral role as a bridge asset for value transfer.
In the video clip featured in the tweet, Schwartz responds directly to a long-standing question regarding whether XRP could differ in value between public and private ledgers. According to him, it will not. Schwartz explains that the core value proposition of XRP is its access to global liquidity pools, a characteristic that inherently discourages isolated pricing or valuation between different environments.
The public #XRP ledger will have the same value as the private ledger.
Central Banks will use CBDCs on the private XRP ledger to bridge value from A to B by using the bridge currency "XRP"!
" $XRP can't be dirt cheap."
— RipplePumpkin (@RipplePumpkin) April 7, 2025
He references a period of price disparity known as the “kimchi premium” to illustrate that such inconsistencies in value typically arise from structural barriers, such as capital controls, rather than legitimate market forces. He adds that friction or regulatory hurdles may momentarily create price disparities, but such situations generally signify inefficiency, which the market tends to correct.
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Unified Value Seen as Essential for Global Liquidity
The tweet caption directly claims: “The public XRP ledger will have the same value as the private ledger. Central Banks will use CBDCs on the private XRP ledger to bridge value from A to B using the bridge currency ‘XRP’! ‘XRP can’t be dirt cheap.’”
RipplePumpkin projects a price increase for XRP once central banks utilize it as a bridge asset on the private ledger. This perspective ties back to Schwartz’s argument about interoperability and frictionless liquidity as core to XRP’s function, reinforcing that price parity is a natural outcome.
The public/private ledger discussion has increasingly become central to XRP’s narrative as various national and international financial institutions explore blockchain-based settlement solutions. RipplePumpkin’s post reaffirms that XRP’s utility and liquidity structure make it incompatible with the idea of fragmented valuation.
With David Schwartz’s remarks and RipplePumpkin’s agreement, the message is clear: XRP’s value is expected to remain unified across different ledger types, especially as real-world utility through central bank infrastructure begins to take shape.
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 urged to do in-depth 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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