Despite Ripple expanding cooperation with central banks, it drew a line against market expectations that government adoption of XRP is imminent.

On April 24, blockchain media outlet The Crypto Basic reported that Ripple Chief Technology Officer David Schwartz (데이비드 슈워츠) said on a recent podcast that claims of a secret, large-scale adoption plan surrounding XRP were not true. He said Ripple has non-disclosure agreements (NDAs) with some partners, but that does not mean there will be a major announcement related to XRP.

The remarks strongly pushed back against repeated controversy in the XRP community over "non-public contracts". Schwartz said NDAs are a common procedure in business cooperation, and it is unreasonable to infer government-level adoption or a major boost on that basis.

The controversy stemmed from past comments by Ripple director James Wallis (제임스 월리스). Wallis once mentioned that Ripple was in contact with about 30 central banks, and some in the community cited that as a basis to raise the possibility of a hidden major deal. Schwartz countered that the cooperation was not an unknown secret, but information that has already been disclosed or gradually became known.

Ripple has worked with multiple countries in central bank digital currency (CBDC) projects. Some cases, such as a project with Montenegro, have been officially disclosed. Based on those remarks alone, it was understood that more than 15 percent of countries worldwide were reviewing Ripple's digital currency infrastructure technology.

Central bank projects differ from typical corporate contracts. Because regulatory reviews and pilot operations can run for a long time, it may take years before they are publicly disclosed. Schwartz's comments also focused on making this point clear. He said it is unrealistic to expect a government to suddenly adopt XRP, separate from Ripple actively working with major institutions.

Schwartz in particular cautioned against interpretations that place working with central banks on the same line as the conclusion that a country will adopt XRP. He stressed that expectations that a government would back its own currency with XRP are an excessive inference.

He also issued a strong warning about investment decisions based on unverified information or conspiracy theories. He said investing on the premise of hidden deals or non-public announcements could ultimately mislead investors themselves.

The market has been focused on whether Ripple's expanding central bank cooperation would lead to an XRP price rise or official adoption. The comments were seen as reaffirming that Ripple's CBDC business should be distinguished from the practical possibility of XRP use.

Going forward, the key points to watch are whether Ripple's central bank cooperation leads to actual services and what role XRP will take in the process.

Sad I could only listen to half of the space but this was golden! @JoelKatz either ended things or everything will get more spicy from here. Stole the clip from @Pheanor589, cheers mate! pic.twitter.com/QWYwzvtQWc