Did you know @Ripple literally had a VP of "Central Bank Engagements"? James Wallis's job was to engage, educate and support central banks on $XRP! Fast forward to 2026: BIS researchers just built a proof-of-concept using the $XRP Ledger for verifiable official statistics.

What happened

Ripple previously employed James Wallis as a Vice President of Central Bank Engagements, where his role was to educate and support central banks on XRP. In 2026, researchers from the Bank for International Settlements built a proof-of-concept using the XRP Ledger for verifiable official statistics.

Confirmed

Global impact / market context

This connection suggests Ripple has long aimed to work with central banks. The BIS proof-of-concept could signal that XRP's technology is being considered for official use, potentially increasing demand for XRP if central banks adopt it.

Analyst inference

XRP's value may rise if investors see the BIS experiment as validation of its technology. However, a proof-of-concept is not a commitment, so the market impact depends on whether central banks move beyond testing to real implementation.

Analyst inference

What to watch

1. Watch for any official statements from the Bank for International Settlements about whether this proof-of-concept will lead to further development or pilot programs using the XRP Ledger for official statistics. Confirmed
2. Investors should monitor Ripple's public communications for updates on central bank partnerships, as the company may announce new engagements following the BIS research that could affect XRP's adoption. Proposed
3. Observe XRP trading volume and price around any future BIS publications, as positive or negative reactions could indicate how the market interprets the central bank experiment's significance. Analyst inference

Affected assets

• XRP — XRP

Evidence

• x.com