Leaked Bank Slides Suggest XRP Use in Payments

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An internal presentation from International Finance Bank (IFB) circulating on social media is drawing attention after appearing to reference XRP within Interledger Protocol (ILP) payment flows. The document, marked for internal use by technical and risk teams, outlines how banks can connect to Ripple’s ILP system. Though the material hasn’t been independently verified in full context, it’s already fueling debate around XRP’s role in real-world payment infrastructure.

Internal documents point to XRP in ILP flow

The presentation, shared by X user SMQKE on April 21, describes ILP as a framework for near real-time cross-ledger transfers, with STREAM highlighted as a key protocol for enabling the exchange of value and messages. Within that context, one section suggests that XRP may be used as a transfer mechanism in certain implementations.

The referenced material also outlines how different payment “rails” are selected depending on use case. In one highlighted example, RippleNet is chosen when counterparties are already connected to Ripple infrastructure or when XRP liquidity offers an advantage in foreign exchange.

Another excerpt frames Ripple’s positioning in broader financial systems:

“Ripple does not propose to replace the current financial infrastructure, but instead intends to become a part of it. (…) Ripple provides the rail on which payments move.”

This aligns with Ripple’s long-standing narrative of integrating with, rather than replacing, existing banking systems.

Meanwhile, XRP was at the time of publication on April 23 trading at the price of $1.41, down 2.5% on the day, losing 0.3% across the week, and accumulating a drop of 0.3% in the past month, according to the latest chart information.

Context matters around XRP’s actual role

Though the screenshots suggest XRP can function within ILP-based flows, the Interledger Protocol itself is designed to be asset-agnostic. It can route value across multiple systems, including fiat rails, bank networks, and various digital assets.

Technical documentation around ILP connectors also supports this flexibility, noting that settlement can occur through different mechanisms depending on the connector setup, including traditional systems or blockchain-based assets.

Some sections of the shared material also reference “plug-and-play” integrations and compatibility with systems like FedNow, reinforcing the idea that the focus is on interoperability rather than a single mandated asset.

The presence of XRP in a given configuration doesn’t necessarily mean it’s necessary across all implementations. But it does point to one possible pathway among many within a broader liquidity and settlement framework.

The takeaway is more about direction. Banks are actively exploring modular payment architectures, and XRP continues to appear as one of the optional tools within that evolving stack.