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Reading: Ripple CTO: XRP Has No Issuer
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Your Crypto News Today > News > Crypto > Altcoins > Ripple CTO: XRP Has No Issuer
Altcoins

Ripple CTO: XRP Has No Issuer

November 16, 2025 3 Min Read
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Ripple CTO David Schwartz, in a latest reply on X, make clear a key XRP Ledger characteristic, clawback, stating categorically that XRP has no issuer.

An X consumer had requested the Ripple CTO to make clear clawback, asking if the characteristic might be used to retrieve XRP misplaced by scams.

The Ripple CTO answered within the damaging, highlighting the implication of the query as that which could encourage refund scammers. Schwartz added that solely an issuer of a token can claw it again, and as XRP has no issuer, it can’t be clawed again.

You have introduced out all of the refund scammers!

Sorry, no. Solely the issuer of an asset can claw it again. XRP has no issuer, so there may be no one who might claw it again.

— David ‘JoelKatz’ Schwartz (@JoelKatz) November 14, 2025

In August 2024, the clawback characteristic was enabled on XRP Ledger by the clawback modification.

The AMM clawback characteristic enabled by the AMM clawback modification in January 2025 permits the clawing again of tokens from a holder who has deposited issued tokens into an AMM pool. The modification additionally enabled Ripple USD stablecoin RLUSD, a clawback token, to be traded and exchanged straight on XRP Ledger’s DEX.

XRP can’t be clawed again

The necessity for clawback comes as some issuers would possibly require the flexibility to recuperate tokens after they’re distributed to accounts, for regulatory and compliance functions.

For instance, if an issuer have been to find that tokens have been despatched to an account sanctioned for criminality, the issuer might recuperate, or claw again, the funds. The flexibility to claw again funds is managed otherwise for several types of tokens, which have to be issuer-enabled. The characteristic shouldn’t be automated because the issuer should provoke the clawback. As well as, MPT tokens might be clawed again by the issuer if the clawback characteristic was enabled for MPT issuance. This means was added by MPTokenv1amendment, enabled in January of this 12 months.

Nevertheless, XRP shouldn’t be a token (all belongings aside from XRP might be represented within the XRP Ledger as tokens) and can’t be clawed again because it has no issuer, because the Ripple CTO acknowledged.

XRP has a set whole provide of 100 billion, which was fully created at its launch in 2012, with no mining or future token creation doable.

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