'You're Fooling Yourself,' Top Ripple Exec Says About Alleged Major XRP Announcements

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

Ripple Chief Technology Officer David Schwartz pushed back against speculation that Ripple is coordinating a large-scale XRP adoption strategy with central banks, warning that investors who believe conspiracy theories are “fooling” themselves.

The NDAs Don’t Mean What You Think

Schwartz addressed rumors on X that Ripple is quietly working on major undisclosed announcements involving central banks and XRP adoption.

“I’m saying the conspiracy theories that constantly claim something big is about to happen or that the government is going to do something massive are almost always going to be completely false,” Schwartz wrote.

“And if you’re investing time, money, or emotion based on them, you’re fooling yourself,” he added.

Moreover, Schwartz acknowledged that many of Ripple’s partners insist on NDAs to keep their business confidential, but he stressed that non-disclosure agreements don’t imply a major undisclosed event waiting to unfold.

Central Banks Won’t Back Currencies With XRP

Crypto personality Mickle highlighted earlier comments from Ripple’s board director who claimed the firm was in close talks with 30 central banks.

Wallis said five were announced, five unannounced, while 20 were in conversation.

Schwartz clarified that engagement with central banks should not be mistaken for imminent XRP adoption. “Right, those relationships are public,” he wrote.

“A conspiracy theory would be something like claiming that many of those central banks are going to back their currencies with XRP,” Schwartz added.

After a strong rally from $1.28 to $1.52 between April 13-18, XRP has been consolidating inside a symmetrical triangle on the 2H chart with lower highs and higher lows converging toward the apex.

Price is sitting directly on the Supertrend at $1.4479, which is the immediate line to watch. This triangle sits right at the $1.44 horizontal support that has held for four days straight.

The MACD on 2H is crossing bullish—the blue line is curling above the signal line with the histogram just flipping green. Small signal, but timely.

Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That's why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn't tied to the fortunes of just one company or industry.

Mode Mobile is changing the way people interact with their phones by letting users earn money from the same apps and activities they already use every day. Instead of platforms keeping all the advertising revenue, Mode Mobile shares a portion back with users who engage with content, play games, and scroll on their devices. Named one of Deloitte's fastest-growing software companies in North America, the company has built a large beta user base and is scaling a model that turns everyday smartphone usage into a potential income stream. For investors, Mode Mobile offers exposure to the expanding mobile advertising and attention economy through a pre-IPO opportunity tied to a new approach to user monetization.

Backed by institutions including NASA and the NIH, rHealth is targeting the large global diagnostics market with a multi-test platform and a model built around devices, consumables, and software. With FDA registration in progress, the company is positioning itself as a potential shift toward faster, more decentralized healthcare testing.

Masterworks enables investors to diversify into blue-chip art, an alternative asset class with historically low correlation to stocks and bonds. Through fractional ownership of museum-quality works by artists like Banksy, Basquiat, and Picasso, investors gain access without the high costs or complexities of owning art outright. With hundreds of offerings and strong historical exits on select works, Masterworks adds a scarce, globally traded asset to portfolios seeking long-term diversification.

Public is a multi-asset investing platform built for long-term investors who want more control, transparency, and innovation in how they grow wealth. Founded in 2019 as the first broker-dealer to offer commission-free, real-time fractional investing, Public now lets users invest in stocks, bonds, options, crypto, and more—all in one place. Its latest feature, Generated Assets, uses AI to turn a single idea into a fully customized, investable index that can be explained and backtested before committing capital. Combined with AI-powered research tools, clear explanations of market moves, and an uncapped 1% match for transferring an existing portfolio, Public positions itself as a modern platform designed to help serious investors make more informed decisions with context.