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I had to ask..
Yes, there are two versions of the XRP Ledger: a public XRP Ledger and a private XRP Ledger, often referred to as the CBDC Private Ledger.

Public XRP Ledger (XRPL): This is a decentralized, open-source blockchain launched in 2012, accessible to anyone. It supports the native cryptocurrency XRP and other tokens, enabling fast, low-cost transactions (settling in 3-5 seconds with over 1,500 transactions per second). Itโ€™s maintained by a global community of over 150 validators, including universities, exchanges, and individuals, and is designed for transparency with all transactions publicly viewable.

Private XRP Ledger (CBDC Private Ledger): Introduced by Ripple in March 2021, this is a private version of the XRPL tailored for Central Bank Digital Currencies (CBDCs). Itโ€™s designed for central banks and financial institutions requiring privacy and control over transactions. Unlike the public ledger, itโ€™s not openly accessible, and transactions are not publicly viewable. It uses the same blockchain technology as the public XRPL, supporting high transaction volumes (tens of thousands per second) and is optimized for secure, controlled issuance and management of digital currencies.

Key Differences:

Accessibility: The public XRPL is open to all; the private ledger is restricted to specific participants (e.g., central banks or institutions).

Purpose: The public ledger supports general cryptocurrency transactions and DeFi applications, while the private ledger is built for institutional use, particularly CBDCs, with enhanced privacy and control.

Token Usage: The public ledger uses XRP as its native token. Private ledgers may not use XRP natively and could support other digital assets or CBDCs, though XRP can serve as a bridge currency for interoperability between public and private ledgers.

Transparency: Public ledger transactions are visible to all; private ledger transactions are confidential, suitable for sensitive financial operations.

Interaction: The private and public ledgers can interoperate, with XRP potentially acting as a neutral bridge currency for transactions between them, facilitating cross-border payments or asset transfers. Entities like banks on both networks can bridge assets, enhancing interoperability.

Price Controversy: Thereโ€™s speculation about XRP having different prices on public vs. private ledgers. However, David Schwartz, Rippleโ€™s CTO, has stated that XRPโ€™s price should be the same across both, as arbitrage would prevent significant disparities. Claims of XRP being valued much higher (e.g., $327,000) on private ledgers lack credible evidence and are considered speculative or misleading by some community members.

In summary, while both ledgers exist, they serve different purposes, with the public XRPL being open and transparent and the private ledger catering to institutional needs with restricted access. XRPโ€™s role and pricing across them remain tied to market dynamics and interoperability.

https://x.com/georgep61620629/status/1929192846109896882?s=46
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๐Ÿšจ RUMOR: Jerome Powell to Step Down Monday

If true, itโ€™s not just a resignationโ€”itโ€™s an admission.

Powellโ€™s legacy?
โ€ข Mega rate cuts heading into the election
โ€ข Sudden policy reversal weeks later

The timing wasnโ€™t economic. It was political. And everyone saw it.

Now the Fed faces a credibility crisis at the worst possible moment.

Markets are fragile. Global risk is rising.

This institution needs long-term, non-partisan leadership.
Powell is out of timeโ€”and out of trust.

This isnโ€™t just a changing of the guard.

Itโ€™s a purge.

https://x.com/jungleincxrp/status/1929263414293254214?s=46
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๐Ÿšจ XRP Las Vegas 2025โšœ๏ธ

Hereโ€™s what went down:

1.Brad Garlinghouse praised the global XRP community for its resilience.

2. Over 1,000+ attendees showed up pure utility believers.

3. CTF processed $2.2M+ in beta via Amazon & Walmart XRPL integrations.

4. Former CFTC Chair Giancarlo gave bullish regulatory insights.

5. Georgetown Lawโ€™s Dr. Chris Brummer discussed token taxonomy reform.

6. XRPL Devs previewed massive DeFi upgrades coming in Q4.

7. Panels discussed tokenized RWA (Real World Assets) use cases.

8. Uphold revealed it holds 100% of customer XRP in 1:1 custody, and is exploring ways with Flare to enable users to earn yield on XRP.

9. The message was loud & clear: The world will run on Ripple tech.

10. Brad also emphasized the friendship between Bitcoin and Ripple Community as the growth of both the ecosystems are important.

https://x.com/stellarnews007/status/1929163151582626072?s=46
Forwarded from Southern Boy โ™ฅ๏ธ
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The third round of reciprocal tariff negotiations between the US and Vietnam is ongoing, as previously agreed upon. The negotiations are focused on resolving outstanding issues and reaching a final agreement on a reciprocal trade deal. Tuแป•i trแบป News reports that both sides can agree to. 

Here's a more detailed look:

Continued Negotiations:
The two sides have been actively engaged in the third round of negotiations, with both sides showing progress in finding common ground on key issues. 

Focus on Agreement:
The negotiations aim to create a mutually beneficial trade agreement, addressing trade imbalances and reducing tariffs on each other's products. 

Clear Progress Made:
Tuแป•i trแบป News reported that both delegations have identified areas of consensus and are working to resolve remaining issues. 

Continued Dialogue:
The two countries are committed to continued dialogue and collaboration to foster a balanced and sustainable trade relationship. 

Additional meetings are planned to further refine the agreement and set timelines for providing feedback and making revisions. 

Both U.S. Ambassador and Trade Representative Jamieson Greer and Vietnamese Minister Dien have reaffirmed their commitment to building a balanced and sustainable trade relationship.

ยฉ Goldilocks

https://wwd.com/footwear-news/shoe-industry-news/us-vietnam-trade-talks-fdra-footwear-tariff-relief-1237822172/

https://www.wsws.org/en/articles/2025/05/30/lbdi-m30.html
Forwarded from Melaniastasia Romanov
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