Former Ripple Director Declares Gold-Backed XRP Impossible - Here’s Why

Ripple's ex-director drops bombshell revelation about XRP's fundamental limitations.

The Gold Standard Debate Reignited

In a stunning admission that's shaking crypto circles, a former Ripple executive confirms what many suspected - you can't back XRP with physical gold. The declaration cuts through years of speculation and wishful thinking among cryptocurrency enthusiasts.

Digital Assets vs Traditional Backing

The statement bypasses conventional wisdom about asset-backed cryptocurrencies, highlighting XRP's inherent nature as a purely digital settlement asset. This revelation comes as gold-backed tokens continue gaining traction in the market.

Another day, another reminder that in crypto, sometimes the most valuable asset is the truth itself - even if it's not backed by shiny metal that central bankers have hoarded for centuries.

Former Ripple director Matt Hamilton refutes a bold community claim that XRP could be gold-backed and reach nearly $3,000 by 2026. This came after notable XRP community figure Baron Dominus stirred a conversation on X, claiming that XRP will be “gold-backed.” According to Dominus, this supposed backing would enable the price of XRP to reach $2,953 by Q1 2026.

Visit Website