Tom, who founded OpenFind, recently pointed out a research paper co-written by Federal Reserve Chair Kevin Warsh. The paper focused on international payments and suggested that cryptocurrencies like XRP could help facilitate them as a connecting currency.
Fed Chairman’s Research Paper Highlights XRP’s Utility
Tom recently pointed out on X that the new Federal Reserve chair co-wrote a study identifying XRP as a potential way to improve how stablecoins move money. He highlighted that the study also suggests private companies shouldn’t be excluded when building future digital financial systems. According to Tom, founder of OpenFind, this demonstrates that private companies like Ripple are playing an increasingly important role in the financial world.
Tom pointed out that Ripple has been preparing for this opportunity for decades. A report from 2022 explored the idea of a stablecoin based on Special Drawing Rights, which could be traded for any country’s currency. The report highlighted that this system would be similar to Ripple’s existing international payment network powered by XRP.
XRP, the altcoin created by Ripple, is used to facilitate international payments. It lets customers exchange it for the currency they need. Ripple’s former Chief Technology Officer, David Schwartz, has explained that XRP is better suited for this purpose than stablecoins because there isn’t a single, universally accepted stablecoin for these kinds of transactions.
The new head of the Federal Reserve is known to be supportive of cryptocurrency and openly shared his own crypto investments before his appointment. Now, as Fed chair, Kevin Warsh might directly oversee Ripple, as the company has applied for access to the Fed’s master account system. The Fed is also exploring a limited version of this master account, which would allow crypto firms like Ripple to connect to the central bank’s payment network.
Ripple Stepping Into The Trillion-Dollar Market
Finance expert X noted that Ripple is positioning itself within a massive $1 trillion market. This is thanks to Ripple Prime being integrated into the DTCC’s blockchain network. The DTCC currently processes $114 trillion in securities each year and is preparing to offer almost continuous, 24/5 U.S. stock market processing, running from Sunday to Friday.
X Finance Bull believes this news is very positive for XRP. Ripple Prime’s technology is already being used to develop tokenized securities, and the market hasn’t fully recognized the potential impact. Currently, XRP’s price doesn’t reflect this development, as if investors are unaware of the planned rollout. If the DTCC begins clearing tokenized stocks using the XRP Ledger, some of that trading volume could shift to XRP.
Currently, XRP is trading at approximately $1.35, which is a more than 3% increase, based on CoinMarketCap data.

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2026-05-30 13:12