Ripple CTO Schwartz Denies Secret XRP-Government Plans, Calls Conspiracy Theories 'Almost Always False'

Gate News message, April 24 — Ripple Chief Technology Officer David Schwartz has rejected claims that XRP is tied to undisclosed U.S. government plans or hidden financial system deals. In posts on X, Schwartz directly addressed renewed conspiracy theories suggesting the token could reach extreme price targets ($1,000 to $10,000) due to secret government coordination or central bank arrangements.

“There is no conspiracy. There is no secret plan. There is nothing going on with the government and some big thing to do with XRP,” Schwartz stated. He added that as CTO with visibility into Ripple’s internal and external developments, he would likely know of any major unannounced initiative if one existed. Schwartz emphasized that conspiracy theories claiming something large is about to happen or that the government will take major action tied to XRP are “almost always going to be completely false.”

When addressing claims that public information reveals only a fraction of the full picture, Schwartz said most of what people see publicly is close to complete. “About 99% of what you see is what there is,” he noted. He distinguished between routine business confidentiality and conspiracy claims, acknowledging that Ripple has partnerships with financial institutions under non-disclosure agreements, but stressed that such NDAs do not support theories of a covert XRP rollout.

The speculation has intensified partly due to President Donald Trump’s earlier statement that a U.S. Crypto Reserve should include XRP, SOL, and ADA. Schwartz did not cite this as evidence of secret coordination. At press time, XRP was trading at $1.43, up 0.58% from its intra-day low.