Financial expert Levi Rietveld recently addressed a long-standing misconception surrounding Ripple and XRP , offering a clear explanation of their relationship and how the XRP ecosystem 0 his remarks, he emphasized that XRP is not owned or controlled by Ripple. Instead, he described it as an open-source technology that operates independently, supported by a network of developers and organizations contributing to its 1 highlighted that XRP is integrated into Ripple’s product stack as part of its broader technological solutions, but its scope extends far beyond Ripple’s 2 to him, there are numerous other companies building within the XRP ecosystem , each led by independent teams and 3 statements aimed to correct a recurring misunderstanding in public discourse that conflates Ripple’s corporate structure with the decentralized technology that underpins 4 Doesn’t Control #XRP 5 — Levi | Crypto Crusaders (@LeviRietveld) November 2, 2025 The Open-Source Nature of XRP Ledger Rietveld went on to detail how the governance of the XRP Ledger (XRPL) operates under an open-source 6 explained that changes or amendments to the ledger require community consensus, specifically an 80% approval threshold, ensuring that no single entity—including Ripple—can unilaterally dictate network 7 governance model underscores XRP’s decentralization, as it allows the community to shape the protocol based on collective agreement rather than centralized 8 further illustrate this point, Rietveld mentioned instances where Ripple opposed certain amendments that were ultimately approved by the wider community.
Conversely, some proposals championed by Ripple have also gained support and passed through the established consensus 9 balance of power reflects the XRPL’s autonomy and reinforces the argument that Ripple functions as one participant among many within a broader 10 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Educating the Market on Decentralization Rietveld stressed the importance of education in dispelling false narratives about XRP’s 11 noted that many misconceptions stem from a lack of understanding about how open-source technologies 12 clarifying that Ripple has a CEO , while XRP itself does not, Rietveld sought to make a clear distinction between the company and the decentralized technology it 13 explanation provides valuable context to ongoing discussions about decentralization and corporate involvement in blockchain 14 reinforces the idea that XRP’s development and governance are not confined to any single organization, but rather shaped by a distributed community of contributors.
Rietveld’s remarks serve as a reminder of the foundational principles behind the XRP Ledger—community-driven innovation, transparency, and decentralized 15 clarification helps ensure that market participants, developers, and observers understand the true nature of XRP’s ecosystem, separate from Ripple’s corporate 16 : This content is meant to inform and should not be considered financial 17 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 18 are advised to conduct thorough research before making any investment 19 action taken by the reader is strictly at their own 20 Tabloid is not responsible for any financial 21 us on X , Facebook , Telegram , and Google News
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