XRPL Identity Protocol Leak Reveals Bold Secret Alliance

Key Points

• Ripple, JPMorgan & BlackRock allegedly tied via NDA
•  Biometric ID, tokenized assets, and global finance hinted
• XRPL could power identity in healthcare & payments
•  Despite bold plans, XRPL activity has sharply declined

A new leak has triggered major speculation in the crypto world. According to an anonymous source claiming to be a former Swiss banker, a non-disclosure agreement (NDA) may link Ripple, JPMorgan, and BlackRock to a confidential project on the XRPL Identity Protocol.

The source, using the alias Lord Belgrave, claims the NDA outlines a strategic plan to extend the XRP Ledger’s use beyond just remittances. Instead, it may evolve into a powerful layer for digital identity, cross-border settlement, and tokenized financial systems.

What makes this leak compelling is the language used in the agreement. Phrases like:

• “Biometric identity mapping”

• “Tokenized financial instruments”

• “Neutral, protocol-agnostic settlement mechanisms”

• “Multilayered liquidity corridors”

These terms point to something much bigger: the creation of a Web3-ready digital identity infrastructure, one that could integrate with everything from fiat payments to tokenized securities and CBDCs.

3/🧵 Observations from a practitioner’s lens:
•“Neutral, protocol-agnostic” is technical language for bridge assets such as XRP – infrastructure that eliminates reliance on a single sovereign currency.
•“Tokenization of regulated instruments” references treasuries, sovereign…

— Lord Belgrave (@LordBelgrave) August 23, 2025

This is consistent with a broader industry push. JPMorgan recently released a report describing digital identity as “foundational to the future of finance in Web3.” The report outlined how identity systems must evolve to be self-sovereign, verifiable, and immutable, especially for cross-border interactions.

If Ripple is indeed aligning its XRPL Identity Protocol with such goals, it could place itself at the center of Web3’s next wave.

Finance, Identity, and Healthcare: One Ledger to Rule Them All?

Ripple’s recent moves already hint at this pivot.

Wellgistics Health, a healthcare fintech company, recently launched a payments network for over 6,500 U.S. pharmacies, built on the XRP Ledger. The system allows pharmacies to pay for supplies instantly, reducing delays and high transaction fees typically seen in traditional banking.

This represents an early example of XRPL’s use in healthcare finance—a sector expected to benefit massively from secure, identity-linked transactions.

On July 4, BlackRock launched the XDNA ETF, a fund some analysts interpret as symbolic of a shift toward blockchain-based healthcare finance.

Interestingly, this launch coincided with the U.S. government’s new cost-cutting healthcare initiatives, prompting theories that a convergence of health, finance, and identity may be underway.

5/➫ Nathan Allman, co-founder of Ondo Finance, came straight from Goldman Sachs

❍ Just like most of BlackRock’s top brass

❍ Just like Gary Gensler, the SEC Chair who sued Ripple

❍ Goldman ➛ BlackRock ➛ Gensler ➛ Ripple

❍ This isn’t just coincidence – it’s a closed… pic.twitter.com/lkjaP09ogJ

— 𝗖𝗛𝗔𝗜𝗡 𝗠𝗜𝗡𝗗 ⛓🧠 (@0xChainMind) July 22, 2025

This isn’t the only area Ripple is exploring. Their partnerships with African fintech platforms like Chipper Cash and Onafriq are believed to support a so-called “DNA Protocol“, designed to onboard labs, service providers, and identity-verifying bodies across developing markets.

The potential? Create an interoperable identity-finance ecosystem built on the XRPL Identity Protocol.

If that happens, we could see a globally adopted digital identity system backed by Ripple, powering everything from medical records to on-chain financial settlements.

Ripple isn’t the only crypto company making bold moves. Binance’s recent $100M investment into Web3 infrastructure signals that major players are racing to secure foundational layers in finance and identity.

And as smaller nations like the Philippines explore Bitcoin reserves to secure financial sovereignty, identity-backed settlements could be a critical component.

(7/🧵) All of this points to one thing: DNA Protocol on XRPL(@DNAOnChain)

BlackRock’s $XDNA ETF wasn’t a coincidence either — launched on July 4th, the same day as US Independence & Trump’s One Big Beautiful Bill slashing healthcare spend.

They’re moving healthcare on-chain. pic.twitter.com/4c7H4LxEd4

— Stellar Rippler🚀 (@StellarNews007) August 24, 2025

Can XRPL Deliver, or Is It All Hype?

Despite the bold vision, XRPL faces serious challenges.

On-chain data shows:

• A 38% decline in transaction count recently

• Just $90 million in Total Value Locked (TVL), despite a $190 billion market valuation

This mismatch between hype and usage raises red flags. Critics argue that XRPL lacks the developer and DeFi ecosystem seen in chains like Ethereum or Solana. And without significant activity, XRPL’s promised identity rails could remain theoretical.

Additionally, XRPL isn’t the only protocol facing scrutiny. The Camp Network airdrop controversy shows how quickly trust in a blockchain ecosystem can erode when transparency is lacking.

Still, the alleged NDA hints at a more patient, long-term play.

By building a neutral, institution-grade identity and finance infrastructure, Ripple may be preparing for an era where traditional financial institutions embrace Web3, but need a compliant, scalable backbone.

This is where XRPL’s compliance-first design may offer an advantage. Compared to more anonymous-focused platforms, XRPL seems tailored for integration with real-world regulations and identity standards.

Meanwhile, the Web3 landscape continues to shift fast. With platforms like USD1 getting listed on Coinbase, stablecoin innovation is heating up. It’s not far-fetched to imagine identity-linked stablecoin transactions becoming the norm.

If Ripple can align its ledger to power that vision, integrating identity, assets, healthcare, and payments, it could become one of the core backbones of a digital-first global economy.

Of course, all of this depends on execution. And so far, Ripple’s vision remains more in whitepapers and leaks than in on-chain traction.

But if this NDA leak is even partially true, it suggests the biggest names in finance are already preparing for what comes next, and Ripple is quietly helping to build it.