A recent stir within the XRP community involving an alleged link between the XRP Ledger (XRPL) and the U.S. Federal Reserve has triggered waves of excitement—but also a strong call for caution from leading voices. Vet, a respected validator on the XRP Ledger’s default Unique Node List (dUNL), has publicly warned against the rapid spread of unverified information, urging community members to prioritize accuracy over hype.

The controversy centers around a letter allegedly sent by WhiteRock to the Federal Reserve’s Board of Governors on April 24, 2025. The letter, signed by WhiteRock’s Noam Levy, proposed a meeting to discuss the implementation of XRPL technology within the U.S. federal banking system, highlighting potential benefits like enhanced security, regulatory compliance, and a more advanced financial architecture.

WhiteRock’s Letter Fuels Frenzy Amid Shifting Federal Policy

The timing of the letter added to the excitement: it came shortly after the Federal Reserve reversed earlier anti-crypto regulations that had imposed strict oversight on banks’ digital asset activities. With the Fed’s softened stance on crypto, many XRP enthusiasts interpreted WhiteRock’s outreach as a clear sign of serious federal interest in blockchain solutions—and specifically in XRPL.

Screenshots of the letter flooded social media, amplified by major XRP influencers who touted it as a breakthrough moment for the cryptocurrency’s mainstream adoption. Within hours, bullish narratives swept across X (formerly Twitter) and crypto forums, painting the proposal as a major federal endorsement.

However, as enthusiasm spiraled, critical voices like Vet’s began to raise alarms.

Vet Calls Out Misinformation: "We Need Proof, Not Hope"

Vet, a technically experienced validator on XRPL, quickly countered the unchecked excitement. In a series of pointed posts, Vet warned that hyping unverified claims could seriously harm the XRP ecosystem’s credibility.

“It makes us look like we’re chasing validation rather than presenting solid, verifiable progress,” Vet stated, criticizing influencers for circulating the WhiteRock letter without independently verifying its authenticity.

He noted that some of the same personalities now promoting WhiteRock’s letter had previously spread baseless claims, including the myth that the FedNow payment system was powered by XRP—claims that have since been debunked but continue to mislead newer members of the community.

Vet emphasized that while the desire for positive news is understandable, credibility must be built on evidence, not speculation. Allowing unproven rumors to take hold, he warned, only erodes trust over time.

A Deepening Divide: Tech-Driven Caution vs. Viral Optimism

The incident reflects a deeper divide within the XRP community: one side values cautious, evidence-based communication, while the other thrives on viral momentum and speculative excitement.

In response to the situation, Vet announced plans to proactively engage with audiences influenced by the misleading narrative, aiming to cultivate a culture of accountability, critical thinking, and responsible information-sharing.

“The community deserves better,” Vet added, encouraging followers to pause and verify information before sharing it—even when the news appears to validate long-held hopes about XRP’s future.

A Broader Lesson for the Crypto Industry

This episode is a reminder of the fragile balance between optimism and truth in crypto spaces. While engagement and excitement are crucial for growing ecosystems, they must be anchored in facts to avoid creating unrealistic expectations or damaging long-term credibility.

For XRP—a project still navigating regulatory scrutiny and legal battles—the cost of misinformation could be high. Solid progress, rather than speculative euphoria, remains the key to achieving mainstream success.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Times Tabloid is not responsible for any financial losses.