Your headline isn't met by the document you've posted — and the paper is the thing that shows it.
"The BIS is leveraging XRP for a pilot" is three claims, and the paper contradicts each:
It's a BIS Working Paper — five named researchers, carrying the standard line that the views are the authors', not necessarily those of the BIS. So not "the BIS."
It's a proof of concept, not a pilot — your own first highlight has the authors being explicit that the performance "characterises the proof of concept, not a fully hardened production deployment."
And it's XRPL, not XRP — the system anchors dataset hashes via memo transactions, using the ledger as a timestamp layer. XRP's only role is the transaction fee, which is exactly what "cost-efficient anchoring" means. It isn't settling anything.
One more from your own screenshots: the paper calls the XRPL gateway an "abstraction layer [that] allows future migration to alternative blockchains." A component they've deliberately built to be swappable isn't a partner locked in.
The research is genuinely interesting as it stands. We hold XRP ourselves, so no axe to grind here — happy to be proven wrong if you've got further sources, but the headline is doing something the paper doesn't.
Three claims stacked into one thumbnail, and none survives a look. The BIS item is that same working-paper proof-of-concept — researchers anchoring data hashes to the ledger as a timestamp, not the institution "choosing" anything, and not XRP-the-asset. The bank logos imply an adoption nobody announced. And that Trump "everyone will use XRP" post — there's no record of it; a sitting president saying that would be headline news, not a thumbnail caption. (He did post about a crypto "strategic reserve" naming XRP in early 2025 — real, but a very different thing.) Happy to be shown the primary sources if I've missed them — but this thumbnail isn't one, and likely the video isn't either.
Nice share — and credit for posting the actual abstract instead of a hyped-up summary. For anyone skimming: it's a proof-of-concept that anchors dataset hashes to the ledger — XRPL acting as a tamper-proof timestamp — so it's the ledger doing the work, not XRP-the-asset settling value. Worth adding it's a BIS working paper, so the authors' views rather than an official BIS position. Genuinely neat validation of XRPL on the tech side, though.
Love the find, but I think you've got XRP and XRPL doing different jobs here, mate.
What BIS actually tested: writing a cryptographic fingerprint of a dataset into a transaction's memo field so official stats can't be quietly altered. That uses the ledger as a timestamp/notary — the only XRP involved is the fraction-of-a-cent fee. It's real utility for XRPL, just not XRP-the-asset being used to settle or store value.
And it's a proof-of-concept on DevNet, flagged by the authors as not-for-production — so "researchers tested this" more than "the bank of banks adopted it." We hold XRP ourselves, so no axe to grind — happy to be proved wrong
Not only is this brilliant, but it’s also a reasonable prediction of what all weather forecasts might look like in the not-distant-enough future.
https://t.co/EhCWnDIWIR
This isn't anti-American bias, or pro-Argentina bias. It's an opaque committee making calls case by case, with no visible standard, daring anyone to prove it.
Reform on one end, the Greens under Polanski on the other — neither built to govern, both built to disrupt. If it takes a man dressed as rubbish to make people look at the state of the bin, that's not really a joke on him.