This is the first public revelation of a 'permissioned domains' system that would allow central control over cryptocurrency transactions within banking networks. Unlike previous crypto-banking integrations that simply avoided public networks, this creates a hybrid system where institutions can use blockchain technology while maintaining complete transaction control - a crucial technical bridge for implementing a controlled digital currency system.
Technology/AI
July 31, 2025
✨ AI Enhanced
Ripple's 300+ Bank Network Reveals Digital Currency Control Grid
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United States
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6:02 PM (2 weeks, 4 days ago)
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8 views
54
SCORE
Prophetic Relevance Analysis
2 prophetic indicators detected •
Source reliability: 7/10
📰 What Happened
Ripple CTO David Schwartz addressed why their 300+ bank partnerships haven't translated to significant XRP Ledger activity. In a July 30 X post response to investor Andrei Jikh, Schwartz revealed that regulatory compliance prevents institutions from using public DEX liquidity due to counterparty risks. He announced a forthcoming 'permissioned domains' feature to enable controlled institutional cryptocurrency flows while preventing transactions with illicit actors.
📖 Prophetic Significance
The announced 'permissioned domains' technology represents a critical advancement toward prophecied economic control systems. By enabling 300+ banks to utilize blockchain while maintaining transaction oversight, Ripple is building infrastructure that could support the mark of the beast system. Three key elements align with prophecy: 1) The scale of 300+ banks creates global reach, 2) The ability to block 'terrorist' transactions demonstrates granular control over who can trade, 3) The hybrid public-private architecture provides the technical framework for a centrally-controlled digital currency that could restrict buying and selling.
What Makes This Event Unprecedented
🔗 Biblical Prophecy Connections
Revelation 13:16-17 - The 'permissioned domains' system enables precise control over who can conduct transactions
Daniel 12:4 - The increase in knowledge enabling sophisticated financial control systems
Revelation 17:12-13 - The coalition of financial powers (300+ banks) giving their power to a unified system
💡 What This Means for Believers
Ripple's permissioned domains create the first controlled institutional crypto network
The merger of traditional banking and blockchain advances digital currency control
Believers should understand how controlled blockchain systems differ from decentralized ones
🙏 Prayer Focus
For wisdom as Ripple's permissioned domains system develops, potentially impacting global finance
For believers to discern the implications of controlled versus open financial systems