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The CEO of Banksocial, John Wingate, aroused chatter this week saying that he had met the Ripple team. He called it “perhaps the biggest meeting in the history of the international colonies”. It made people talk about people to know if Banksocial, Hedera, XRP and Ripple are about to associate each other. But so far, no one outside the Wingate circle has confirmed an agreement.
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Banksocial adds XRP to the roadmap
Based on reports, Wingate still considers Hbar as a major plan of the Banksocial Plan. He wrote that Hbar will feed Backend operations and state checks. He also said that XRP was now part of the mixture. This alludes to a double chain configuration, Hbar handling heavy lifting and the XRP move between borders. His words were clear: Hbar remains at the heart, but XRP also enters the image.
I just had a meeting with the @Ripple team.
A large meeting. Perhaps the largest meeting in the history of international colonies. @ Hedera and $ Hbar are still part of the strategy.
And now, $ is also XRP
You don’t think big enough. Think big – then 10,000,000,000x.
– John Wingate (@Presidenthodl) May 23, 2025
Three tokens, three roles
According to Wingate, each token has their work. Hbar manages the Hedera consensus service to check the states and manage network messages. XRP moves money through borders, especially in certain jurisdictions. BSL, Banksocial’s own token, is to lend, mark out and manage your Dao. STRIBLE SUCK: HBAR does the engine work, XRP moves money and BSL manages the internal features of the bank.
Billion-X ambitions
In his article, Wingate challenged the followers to “think big, then 1,000,000 x”. He wants a massive network that connects banks, blockchains and countries. It is a great demand. It indicates an objective of tokenizing active ingredients in the real world and to move them without the usual delays or costs. If it works, it could reshape the way banks use blockchain technology. But he did not share any calendar or proof of concept.
Multichain. XRP also
– Banksocial.io (@banksocialio) May 19, 2025
Details of the unconfirmed partnership
On May 19, Banksocial responded to a teaser on his new platform with “Multichain. XRP too ”. This suggests that the upcoming system – built on Hedera – will add an XRP Ledger support. However, there is no press release from Ripple or Hedera saying that they signed. Based on reports, this remains a rumor well published more than a formal pact. Developers and users have not seen a test or demo network.
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Wingate also referred to this two -channel plan in March. He said Banksocial is working with banks and governments on the tokenization of assets and cross -border treasury movements. He named XRP and Hbar as “major components”. He even stressed that they were part of the Derec Alliance, a group set up on the construction of open financing tools.
For the moment, the market is watching. If Banksocial can achieve a three -ton configuration, it could open new paths so that banks manage cryptography and actions directly from customer accounts. But until the code appears or that an official alliance is announced, it is always an in progress story. Keep an eye on Wingate’s next messages and Ripple or Hedera updates.
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https://www.newsbtc.com/altcoin/think-big-multiply-it-by-billion-xrp-tied-to-greatest-global-meeting-ceo/
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