#CryptoClarityAct

The central problem, according to Cava, is the supply of XRP. This was created with 100 billion pre-mined tokens, of which Ripple Labs still owns about 42% of the total. A large portion of this amount is in escrow accounts, from where up to one billion XRP is released monthly. "The fact that only one entity can control the supply contradicts the basic principle of the digital asset market that seeks decentralization," explained Cava.

This point is reiterated by skeptical voices in the community, such as Chad Collins, who was direct in pointing out that "the company Ripple owns the vast majority of the tokens, it is not decentralized at all." He believes that the reason why the court case is not resolved yet is that it is going to be labeled as a security. "Just wait, XRP is a complete trap for retailers and it is working," he added.

To all this, we must add the opinion of some members of the bitcoin community, who point out that "XRP is a CBDC disguised as a cryptocurrency."

XRP operates as a hybrid cryptocurrency. This means that it works both on the XRP Ledger (XRPL), a relatively decentralized public network, and on private platforms like Ripple CBDC Private Ledger and Ripple Payments, used by banks and financial entities to maintain exclusive control over payment flows.

This duality allows XRP to be a medium of exchange in both distributed and private systems, but it can lead to fragmentation, as not all transactions are publicly auditable, which could obscure part of the behavior of the XRP supply if synchronization with the public ledger is not guaranteed.