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Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

No Gold? No Problem: Why XRP Stands Strong On Its Own—Analyst

Christian Encila
Christian Encila
4 hours ago
3 mins read
XRP

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Reports have disclosed that XRP community commentator Versan Aljarrah says XRP could gain a link to gold without actually holding bullion. According to Aljarrah, XRP would simply move gold-backed stablecoins across the XRP Ledger.

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The commentator argues that this role would give XRP a “synthetic connection” to tokenized assets like gold and oil, even though XRP itself would not carry any gold reserves.

How XRP Bridges Gold Token

According to Aljarrah, XRP only needs to power the on-chain movement of gold-pegged coins. Based on reports, each gold token on the XRPL would represent one gram of real gold. Custodians such as MKS Pamp and Imperial Vaults would hold the physical bars.

XRP would then step in to provide liquidity and settle trades on the ledger’s built-in exchange. Aljarrah sees this setup as a way for the altcoin to stay useful in global finance.

$XRP doesn’t need to be backed by gold. It just needs to move it.

When gold-pegged stablecoins live on $XRPL, XRP bridges them.

And in doing so, it becomes synthetically linked to gold, oil, and every asset they tokenize. pic.twitter.com/q0Ti2pQuDp

— Versan | Black Swan Capitalist (@VersanAljarrah) July 27, 2025

Meld Gold Leads The Charge

Meld Gold is the only issuer currently close to launching a gold token on the XRPL. Reports have disclosed that Meld plans to back each token with one gram of physical gold. The firm says it will work with major vault operators.

So far, no other gold token projects, including PAX Gold (PAXG), have moved onto XRP’s network. Supporters hope that more issuers will follow once Meld proves the concept.

Technical And Regulatory Hurdles

Reports note that issuing gold tokens is more than writing code. Each issuer must tie its token to audits, legal contracts and insured vaults. On top of that, XRP’s fixed supply and decentralized consensus system make direct asset backing tricky.

Matt Hamilton, a former Ripple developer, has said the crypto asset can’t be backed by gold in a traditional way. Analysts add that its price moves with adoption, legal clarity and market mood, not by hype.

XRPUSD now trading at $2.97. Chart: TradingView

Institutional Moves Remain Unseen

Meanwhile, Aljarrah says big names like JPMorgan, BlackRock, the Bank for International Settlements and the IMF have made private plans to use XRP as a bridge. Yet no public evidence supports that claim.

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Most large asset managers have focused on blockchains with clear rules. Until the Ripple-SEC lawsuit ends, top institutions are likely to hold back. That case could decide if XRP is treated like a security, and that will affect any tokenized assets on the XRPL.

According to analysis, a bridge role alone won’t peg XRP’s price to the spot gold rate of $2,950 that some in the community mention. Instead, if gold-pegged tokens take off, the altcoin could see more trading volume and tighter spreads.

That might nudge its price upward, but it would still trade on its own merits as a liquidity tool for cross-border payments.

Featured image from Pexels, chart from TradingView

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Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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