Crypto Eri Highlights Key Misconceptions Prevalent in the XRP Community

XRP community figure Crypto Eri recently weighed in on how the XRP Army spends significant effort countering Bitcoin maximalists while allowing internal misinformation to persist.

A prominent figure within the XRP community, Crypto Eri, has recently shared her thoughts on how the XRP Army seems to put a lot of effort into countering Bitcoin maximalists, yet they allow misinformation to persist within their own ranks.

According to Eri, the XRP community would be better off if they directed similar efforts to overcoming internal misinformation. She went on to highlight some key widespread misconceptions in the XRP community.

The first item she clarified was the position of assets issued on the XRP Ledger. XRP is the Only Native Asset on the XRP Ledger

A key point that is often misunderstood is that XRP is the only native asset on the XRP Ledger (XRPL). This means that unlike other tokens that can be issued on the ledger, XRP is integral to its functionality. It serves as the primary means for transactions and fees.

No Direct Connection Between XRP and ISO 20022

Another common misunderstanding relates to ISO 20022, a global messaging standard for financial institutions. According to David Schwartz, Ripple’s Chief Technology Officer, XRP has “nothing to do with ISO 20022.”

For context, ISO 20022 is a global messaging standard for payments, while XRP is a crypto asset. Despite this clarification, some members of the XRP community continue to insist on XRP’s relationship with ISO 20022.

This perspective largely stems from Ripple’s early compliance with the messaging standard, which proponents see as being bullish for XRP. However, critics like Crypto Eri argue that it is ultimately irrelevant to XRP.

“There is no such thing as ISO coins,” Eri fired back at one believer of the idea, adding that this is where people get misled. She went on to say that any crypto asset, be it Bitcoin, USTD, Doge, or even DogwifHat or Fartcoin, can be sent in a transfer by a company that adheres to the ISO messaging standards.

There is no such thing as ISO coins. This is where you've been misled. Bitcoin, USTD, Doge, DogwifHat, Fartcoin, Pepe, can all be sent in a transfer by a company that adheres to the ISO messaging standards.

— ?Crypto Eri ?Carpe Diem (@sentosumosaba) February 23, 2025

RippleNet Is Not the XRP Ledger

Further adding to the confusion, many mistakenly equate Ripple’s enterprise solution, RippleNet (now Ripple Payments), with the XRP Ledger.

However, Schwartz has clarified that RippleNet is a private payment system facilitating cross-border transfers, while XRPL is a decentralized blockchain. While XRP can be used within RippleNet, it is not a requirement, and the two operate independently.

Misinformation Weakens the XRP Narrative

In the past few weeks, Bitcoin maximalists have attacked XRP, spreading half-truths or inaccurate information to discredit the token. One such example was Davinci Jeremie, who argued that XRP tokens could be frozen.

However, community members quickly resisted the claim and set the record straight. Crypto Eri hopes that the community can similarly come together and fight rampant internal misinformation, as this could further strengthen the credibility of the XRP ecosystem.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect Cryptopolitan’s opinion.