Claims that the U.S. Depository Trust & Clearing Corporation (DTCC) classified or listed XRP on its platform were confirmed to be untrue.

U.Today, a blockchain media outlet, reported on Tuesday local time that a problematic screen circulating online was not an official DTCC policy or document but an artificial intelligence-generated response produced by the site’s search function.

The controversy began with a summary phrase that appeared when users searched for XRP on the DTCC Learning Center website: "XRP margin discount and classification". The phrase said XRP is classified as a cryptocurrency and included an explanation of a hypothetical margin discount rate based on trading conditions. But Vet (벳), an XRPL validator, drew a line, saying the content was not based on any underlying document.

Vet pointed out that the cited source itself did not mention XRP. "That source does not mention XRP," he said, adding, "When you search for XRP on the DTCC site, it tries to map it via AI." The generative response also carried a warning that the generated content may contain errors and that important information should be verified.

The misunderstanding is also linked to how the enterprise search software used on the DTCC site works. Vet said the system uses answers based on related searches, which is why the AI reacted to XRP, and that searches by XRP community users in recent days and weeks triggered the response generation. "The more you keep searching the same topic like XRP, the higher the chance the AI will generate a wrong answer," he said.

The shared screen also displayed an HTML element stating it "refers to Coveo answers". This confirmed that the DTCC site generated the response using Coveo’s AI-based enterprise search technology. Ultimately, the claim in the market about a "DTCC classification of XRP" was closer to an over-interpretation of a search results screen than an official listing or policy change.

The confusion came just after DTCC recently disclosed performance in processing real transactions related to digital assets. DTCC said on Wednesday it successfully processed live operational transactions using DTC tokenised securities. More than 30 financial institutions and digital asset companies took part, including BlackRock, Goldman Sachs, JPMorgan, Nasdaq, Chainlink and Circle, but the list did not include Ripple.

This has prompted calls to draw a line under interpretations that directly link DTCC’s recent digital-asset moves with XRP. The confirmed facts are that there is no basis that DTCC officially classified XRP or put it on its platform, and that the phrase in question was an unofficial response generated by search AI.

Yes and No. Unfortunately it's just an AI generated search result based on the NSCC Risk Margin Guide. It does not mention XRP in that source, so the DTCC site when you search in that category for XRP it tries to map via AI. You know why the AI triggers to map it for XRP?... pic.twitter.com/VomJd2Ra9l