CoFi Labs

Just had a call with a high-level banker I trust. We talked $XRP He’s been watching this space for years, and to him, the situation is clear: Banks don’t want $XRP on their balance sheets. It complicates flows, adds accounting friction, and provides no real upside Yes, RippleNet has been tested here and there. But the #XRP token itself isn’t used. There’s no real appetite for it Most institutions he sees are exploring custom blockchain rails or stablecoins.. but not public tokens like #XRP And the launch of Ripple’s own stablecoin is, in his words, basically an admission: $XRP isn’t the asset banks want to move value. Even with that pivot, he doesn’t see massive utility From his side of the table, #XRP isn’t replacing anything anytime soon No traction. No momentum. Just another narrative that doesn’t match reality Is there a real banker here with a balanced take? Not looking for maxis screaming “ $XRP > $BTC ” without substance I’m looking for serious professionals who’ve actually touched this topic and can keep a discussion for more than 5 minutes without slurring