An XRP Ledger (XRPL) validator has proven that the community can simply handle the identical activity the U.S. Division of Commerce lately carried out on different blockchains.
Vet, an XRPL dUNL validator, confirmed that publishing official financial information on-chain is feasible on the XRPL in a easy and low-cost method. This has additional raised questions on why the U.S. authorities excluded the XRP Ledger from its latest initiative.
US Commerce Division Adopts Blockchain
For context, the Commerce Division lately introduced that it had begun publishing key financial information, beginning with GDP figures, immediately on public blockchains.
Validator Publishes US GDP Knowledge on the XRPL
Nonetheless, some XRP proponents observed that the XRPL was not a part of the checklist, though it has confirmed to be a reliable vacation spot for low-cost and environment friendly information storage and transactions. Most insisted that the XRPL may truly deal with the duty.
Curiously, to show that the omission had little to do with functionality, Vet recreated the federal government’s methodology on XRPL.
He saved the SHA256 hash of the GDP report in two other ways: as soon as as a memo inside a transaction, just like Bitcoin’s method, and as soon as inside a non-fungible token (NFT) that included each the hash and a hyperlink to the unique file.
1) GDP PDF Hash in memo transaction https://t.co/LBzY1sedkt
2) GDP PDF Hash + PDF Hyperlink in NFT transaction https://t.co/fg3U1u7TYZ
— Vet 🏴☠️ (@Vet_X0) August 28, 2025
Based on Vet, the whole course of took solely seconds and value lower than a penny. He harassed that every one of this was executed utilizing native XRPL options, with out the necessity for sensible contracts.
In response, one proponent requested whether or not publishing information immediately on XRPL would make companies like Chainlink or Pyth pointless. Vet defined that whereas anybody can publish the info manually, distributors like Chainlink and Pyth make it extra sensible. They broadcast data shortly throughout a number of blockchains, and this ensures broader attain and reliability.
When requested if publishing massive quantities of such information on XRPL may finally sluggish the community down, Vet famous that memos and NFTs have already confirmed dependable at scale.
The dUNL validator identified that GDP information solely comes out as soon as each quarter, which places much less pressure on the community in comparison with real-time value feeds. He additionally famous that XRPL Oracles may deal with heavier masses if wanted, giving the ledger much more room to scale.
Why the Authorities Sidelined XRPL
In the meantime, somebody instructed that the federal government selected totally different chains due to their skill to make use of sensible contracts, which XRPL doesn’t but assist on the base layer.
Responding, Vet admitted that sensible contracts add versatility. Nonetheless, the Commerce Division additionally revealed information on Bitcoin, which has no native sensible contracts both.
One other critic claimed that the federal government’s choice confirmed an absence of belief in XRPL. Nonetheless, Vet disagreed with this suggestion.
Notably, he defined that the Commerce Division relied on Chainlink and Pyth to distribute the GDP information. Since neither service at present helps XRPL, the ledger was merely not included. Vet claimed the choice had nothing to do with bias and had extra to do with availability.
It is a matter of availability truly.
They distributed it by way of Pyth and Chainlink. Each companies are usually not publishing information to the XRPL but.
Its not that deep, Spade.
— Vet 🏴☠️ (@Vet_X0) August 28, 2025
