The admission that even Ripple cannot use its own DEX for payments due to terrorist financing concerns marks an unprecedented acknowledgment of centralized control requirements in decentralized systems. This tension between institutional compliance and blockchain transparency reveals how prophesied financial control systems may emerge through voluntary corporate self-restriction.
Ripple CTO: Digital Bridge Currency vs Stablecoins Signals Reset
📰 What Happened
Ripple CTO David Schwartz addressed concerns about XRP Ledger's 30-40% decline in Q1 2025 activity despite 300+ bank partnerships. Responding to crypto commentator Andrei Jikh, Schwartz attributed low on-chain adoption to institutional preferences for off-chain transactions, citing terrorism prevention concerns. He defended XRP's volatility as beneficial for bridge currency functionality, distinguishing it from stablecoins in cross-border payments.
📖 Prophetic Significance
The 30-40% decline in XRPL activity alongside 300+ bank partnerships indicates a shift toward controlled, permissioned financial networks prophesied in Revelation 13. Schwartz's emphasis on 'permissioned domains' and institutional off-chain preferences aligns with Daniel 7's vision of a different economic system controlling trade. The specific mention of terrorist financing prevention demonstrates how security concerns will drive adoption of restrictive financial controls, fulfilling prophecies about centralized economic authority.