The favored XRPL DUNL VALIDATOR VET warns XRP neighborhood members towards spreading unsecreted hype about XRP's integration into the federal banking system.
In a latest tweet, Vet urged XRP lovers to cease sharing Whiterock's proposal to combine the XRP ledger (XRPL) into the federal banking system.
Whiterock writes about XRP on Fed
For context, an entity named “Whiterock” proposed the initiative in a letter addressed to the Federal Reserve Board on April 24, 2025.
In line with the letter, Noam Levy of White Rock requested a gathering with the Federal Reserve Board to debate the potential integration of XRPL into the federal banking system.
The letter argued that the convention presents alternatives for larger safety and effectivity of US monetary companies. For extra data on the agenda, we highlighted strategic pursuits, regulatory compliance, technical structure, and implementation roadmap.
Moreover, the corporate has pledged to share different technical particulars earlier than the Fed schedules assembly dates.
Whiterock proposes XRP integration into the federal banking system
The letter beforehand restricted US banks from partaking in crypto actions akin to transactions and custody, because the Fed has withdrawn 95% of anti-cryptography steering.
Because the Fed rolls again anti-crypto steering, as Whiterock's proposal got here, many XRP lovers believed the letter was true. In consequence, it turned a virus inside the XRP neighborhood, with a number of distinguished figures spreading the letter.
Consultants warn towards the unfold of malicious posts
Nevertheless, veterinarians have used X to enchantment to those huge XRP influencers and cease spreading White Rock's proposal. Like many XRP neighborhood figures, veterinarians imagine the proposal is illegitimate.
Dunl Balidator famous that sharing the proposal presents a foul look and means that the broader neighborhood seems to be desirous to validate.
Consultants urged individuals who shared options to query posts like White Rock's Letters moderately than be fooled. This works to critically analyze particular posts and test the rationale behind them, moderately than reposting them to make them sound thrilling.
In a follow-up tweet, Vet prompt that influencers who FedNow claimed they’ve been utilizing XRP for years have been those spreading Whiterock's proposal. Consultants say hundreds of likes such malicious claims! There appeared to be a baffling factor that would create a way of false consensus.
Within the meantime, VET plans to talk to the followers and audiences of these huge influencers who’re spreading rumors to curb the unfold of malicious claims sooner or later.
