XRP Ledger Validator Vet Rejects Bearish Takes in October 18 “New Money” Post

Validator Vet Answers the XRP Bears

Bearish commentary around XRP has been building for weeks, with skeptics pointing to stalled price action and asking whether the token's adoption story still has anything to deliver. One of the most prominent validators on the XRP Ledger rejected that framing outright on Sunday, October 18. Vet, a well-known validator who regularly comments on the ledger's development, used a post on X to argue that pessimists are misreading both the technology and the moment. For weeks the token has absorbed a steady stream of FUD, the shorthand traders use for the fear, uncertainty and doubt spread around an asset, and his post stands as the most pointed rebuttal from inside the ledger's own validator set.

Big innovations, he wrote, always begin with the people willing to believe in the future, and those who question XRP's potential are reading it far too pessimistically. He placed the present era in historical perspective: “We are living in a world that people called science fiction decades ago.” Blockchain, in his telling, is already reshaping traditional finance on four fronts: tokenization, trading that runs around the clock, borderless access and censorship resistance. The post ended with a direct message to doubters: “New money is coming, folks!”

The XRP price has struggled to command attention while institutional narratives dominate the wider market, and interventions like this one try to move the debate from chart levels to infrastructure. Validators reach agreement on transactions and keep the ledger running, which gives Vet's remarks weight inside the ecosystem, and his closing argument was that observers should stop measuring the project by its current limits and judge the long-term possibility it is built for.

Ripple Wires RLUSD Into Core Banking

Ripple's own announcements over the past week supply the substance behind that argument. On Thursday, October 15, the company said it would integrate RLUSD, its dollar stablecoin issued on the XRP Ledger, into the core systems of Cross River Bank. The arrangement lets financial institutions move and settle value in dollars and RLUSD at any hour. Client firms connect once and reach the stablecoin without building blockchain infrastructure of their own, and cross-border transfers are covered as well. Ripple puts RLUSD's market capitalization above $2.5 billion, with more than $1 billion of that supply issued on the ledger.

The same day brought a second institutional product. Ripple Prime opens 24-hour investment in traditional assets, letting institutions trade stocks, commodities and foreign exchange outside market hours, with RLUSD accepted as collateral on some trades. The service starts in selected markets and is set to expand into further regions.

A day earlier, on October 14, Ripple announced a partnership with DriveWealth, an investment-services firm, using RLUSD for payments and settlement and smoothing the movement of funds across borders. International investors can fund brokerage accounts quickly instead of depending solely on legacy payment rails, and the ledger functions as a bridge protocol between those systems. DriveWealth maintains more than 100 partners worldwide, which hands the arrangement a ready distribution channel. Development on the ledger runs past stablecoins too, as the recently published second amendment to its lending protocol shows. If more banks and financial firms adopt services of this kind, usage of the XRP Ledger grows with them.

The $2.5 Billion Mark to Beat

Read as one sequence, the past week's announcements are plumbing rather than headlines: each deal routes traditional money through the ledger without asking the institution to run blockchain infrastructure of its own. Vet's post and Ripple's product cadence make the same case from different corners, and skeptics who dismiss both risk ending up as exit liquidity if the money he describes arrives. Traders tracking whether any of this shows up in the chart can follow our XRP technical analysis. Regulatory friction has eased as well, with Brad Garlinghouse having called XRP legal status settled. That leaves the split inside the $2.5 billion as the figure to watch: more than $1 billion of RLUSD already issued on the ledger is the baseline the next supply reading has to beat.