Thread by @589CTO

🚨 PUBLIC vs PRIVATE LEDGER on the XRPL?!

What is @Ripple building behind the scenes… and why is it so important for the future of DeFi and $XRP?

• Why a private ledger exists
• What the Permissioned DEX really is
• Why institutions need it
• And how this could be a game-changer for crypto 👇🧵
#XRP #XRPL #DeFi

1/ First, let’s clear up the terms:🤓

✅ Public #XRPL = the open-source $XRP Ledger you know today
✅ Private #XRPL = Ripple's enterprise-grade sidechain or sandbox

The private version is often called the "permissioned DEX" - built for regulated institutions.

But why? 👇

2/ $XRP is NOT just another token. 🪙

It’s one of the only digital assets with legal clarity in the U.S. which makes it a candidate for institutional use.

But financial institutions operate under strict rules - AML, KYC, compliance.

They can’t just trade on an open, public DEX.

Enter: the Permissioned DEX 🔐

3/ What is the Permissioned DEX? 💵

Think of it like a gated version of the XRPL DEX - with all the same tech, but institutions must register, comply, and be authorized to participate.

✅ Know-your-counterparty
✅ Audit-ready trades
✅ Risk controls
✅ Transaction confidentiality

Built on #XRPL tech… but behind a wall.

4/ Why can’t institutions just use Uniswap or the public #XRPL DEX?

Because of compliance.

Banks, funds, and regulated entities can’t legally trade alongside anonymous wallets.

They need a compliant environment that meets their legal obligations - WITHOUT sacrificing speed, cost, or on-chain settlement.

The XRPL solves this 🧠

5/ This dual-model is KEY to adoption:

🔓 Public #XRPL = open to anyone (retail, devs, global users)
🔐 Private #XRPL = sandboxed for institutions (banks, FinTechs, liquidity hubs)

Both use the same core tech:
⚡ Fast
💸 Cheap
🔁 Native DEX + AMM
🌱 Sustainable

This is compliant DeFi, done right.

6/ Ripple’s long-term plan is becoming clear: ✍️

• RLUSD stablecoin launching on both public #XRPL and Ethereum
• Applying for a federal bank charter + Fed master account
• Building tools for liquidity hubs, CBDCs, and tokenized RWAs
• Quietly testing on a Permissioned DEX

It’s chess, not checkers. ♟️

7/ Why is this a game-changer?

Because it gives us something no other chain has:

✅ A regulated asset (#XRP)
✅ A compliant DEX for institutions
✅ A public DEX for the world
✅ A shared foundation for both

Imagine DeFi that institutions can actually use. That’s the #XRPL.

8/ Compare that to other chains: ⛓️

Ethereum: expensive, congested, no built-in compliance
Solana: fast but no native KYC or DEX permissions
Bitcoin: not even designed for smart contracts

#XRPL: built from Day 1 for finance - and now bridging the gap between TradFi and DeFi. 🌉

9/ Final thought: 🧠

The Permissioned DEX isn’t a replacement for the public XRPL. It’s an on-ramp for trillions in institutional capital. 💰

And when those rails are live…

$XRP will be the bridge that powers it all.

Get ready! 🚀

#XRP #589Community #XRPL #DeFi