Ripple CTO: XRP Has No Issuer
**Ripple CTO: XRP Has No Issuer, Cannot Be Clawed Back**
Ripple CTO David Schwartz recently addressed an important aspect of the XRP Ledger — the clawback feature — in a reply on X (formerly Twitter). He made it clear that XRP itself has no issuer, and therefore, cannot be clawed back.
An X user had asked Schwartz whether the clawback feature could be used to retrieve XRP lost through scams. Schwartz responded emphatically in the negative, emphasizing that only the issuer of a token can initiate a clawback. Since XRP does not have an issuer, it is immune to clawbacks.
Schwartz’s exact words were:
*“You’ve brought out all the refund scammers! Sorry, no. Only the issuer of an asset can claw it back. XRP has no issuer, so there is nobody who could claw it back.”*
— David ‘JoelKatz’ Schwartz (@JoelKatz) November 14, 2025
—
### Background: The Clawback Feature on XRP Ledger
The clawback feature was introduced to the XRP Ledger in August 2024 through the **clawback amendment**. This amendment allows issuers to recover tokens from accounts under certain conditions, which is useful for regulatory and compliance purposes.
A later development, the AMM clawback feature, enabled in January 2025, specifically applies to tokens deposited into Automated Market Maker (AMM) pools. This feature allows clawing back issued tokens from AMM pools. The amendment also paved the way for Ripple USD stablecoin **RLUSD**, which is a clawback-enabled token, to be traded directly on the XRP Ledger’s decentralized exchange (DEX).
—
### Why Clawback Exists
The ability to claw back tokens is vital for issuers who may need to recover funds distributed to accounts involved in illegal activity or sanctioned by regulatory bodies. For example, if an issuer finds that tokens have been sent to a compromised or illicit account, they can initiate a clawback to comply with regulations.
It is important to note:
– Clawback is **not automatic**; it must be explicitly enabled and initiated by the issuer.
– Only tokens issued by an entity that enables clawback can be clawed back.
– XRP itself is **not an issued token** and so does not have this feature.
—
### Summary
– **XRP has no issuer**, therefore it **cannot be clawed back**.
– Clawback features apply only to issued tokens where the issuer has enabled clawback.
– The clawback amendment allows regulatory compliance measures for issued tokens on the XRP Ledger.
– Ripple’s stablecoin RLUSD is an example of a clawback-enabled token that can be traded on the XRP Ledger DEX.
This distinction is crucial for users to understand the security and decentralization aspects of XRP compared to issued tokens on the XRP Ledger.
—
*For more updates on XRP Ledger developments and cryptocurrency news, stay tuned to BitcoinEthereumNews.com.*
https://bitcoinethereumnews.com/tech/ripple-cto-xrp-has-no-issuer/
You may also like
You may be interested
The New York Times
- Todd Snider, Folk Singer With a Wry Wit, Dies at 59 2025 年 11 月 15 日 Derrick Bryson Taylor
- Fetterman Is Released From the Hospital After a Fall 2025 年 11 月 15 日 Billy Witz
- Epstein, Fuentes and Trump’s Political Erosion 2025 年 11 月 15 日 Jamelle Bouie, Michelle Cottle, David French and Derek Arthur
- Southern California Storm Forecast to Bring Heavy Rain and Flood Risk 2025 年 11 月 15 日 Amy Graff
- Displaced Gazans Face More Misery as Torrential Rain Lashes Enclave 2025 年 11 月 15 日 Bilal Shbair, Abu Bakr Bashir and Aaron Boxerman
- Gallego Pitches Demoralized Democrats on a Midterm Message 2025 年 11 月 15 日 Catie Edmondson
- Russia Tried to Cut Ukraine’s Lights. Now It’s Aiming for the Heat. 2025 年 11 月 15 日 Constant Méheut and Olha Konovalova
- Trump Is Wrong About Fentanyl in Almost Every Way 2025 年 11 月 15 日 David Herzberg
- On a Clipped Wing, Flamingo Escapes a British Zoo for a Life in France 2025 年 11 月 15 日 Jonathan Wolfe
- Once He Was ‘Just Asking Questions.’ Now Tucker Carlson Is the Question. 2025 年 11 月 15 日 Robert Draper
Leave a Reply