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TimesTabloid 2025-04-22 08:23:09

Expert Says XRP Was Designed to Replace SWIFT. Here’s why

Crypto analyst and investor Xaif has shared a noteworthy discovery tied to the origins of XRP, focusing on a development record from over a decade ago. In a tweet, Xaif posted an image showing that Arthur Britto, one of XRP’s early creators, entered the code that established the currency’s supply on June 2, 2012. Xaif describes this moment as the “birthdate” of XRP. The commit, titled “Fix starting number of XNS,” reveals that the asset was initially labeled as “XNS” before being renamed XRP. According to the screenshot shared by Xaif, this specific update was from Britto and included the final number of units that would exist: 100 billion. This figure remains unchanged to this day and has become one of the most defining characteristics of XRP. I was searching XRP origin and why Arthur Britto vanished. Here’s Arthur Britto’s code that created the 100 billion XRP (then called "XNS") on June 2, 2012 — the birthdate of $XRP . XRP seems very mysterious to me. Its origin was to replace the outdated SWIFT system. 💥 pic.twitter.com/S6y9C5njkO — 𝕏aif🇮🇳|🇺🇸 (@Xaif_Crypto) April 20, 2025 Early Documentation Shows XRP Was Carefully Structured Xaif points out that this early update appears to have determined not only the name and supply of the asset but also the structure of its distribution. Though the original code contains technical details, what it ultimately reflects is a deliberate and planned issuance model. Rather than being mined over time like Bitcoin, all XRP units were created at once, and this decision was made in the project’s very early stages. This finding also helps clarify that XRP was not a spontaneous or experimental project at the time. It had a defined purpose, a clear supply cap, and its architecture was already in place in 2012. Xaif considers the June 2 entry a crucial reference point when understanding XRP’s origins and design . We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Analyst Draws Attention to Britto’s Disappearance and XRP’s Purpose Xaif also raises a broader question: why did Arthur Britto, one of the key figures in XRP’s development, disappear from the public eye shortly after these foundational steps were taken? While other Ripple co-founders have remained visible and active in the crypto space, Britto has remained silent and largely unknown to most of the public. Xaif suggests that Britto’s limited presence may be connected to the original intent behind XRP, hinting that its goals may have extended beyond what is commonly discussed. Xaif also thinks XRP was designed from the beginning to replace the SWIFT system —the international network currently used for most cross-border bank transfers. This idea aligns with earlier public statements from Ripple executives and developers who have often described XRP as a tool for real-time global settlement. By bringing this 2012 documentation to light, Xaif reinforces that XRP’s development was neither accidental nor unstructured. The project had a fixed plan, and the code Arthur Britto committed is one of the earliest pieces of proof. According to Xaif, the details captured in this entry shed light on XRP’s original framework and raise further questions about its long-term goals and the vision of its creators. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Expert Says XRP Was Designed to Replace SWIFT. Here’s why appeared first on Times Tabloid .

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