A 2021 Citibank document that used the phrase “Regulated Internet of Value” sits at the center of a new XRP debate, after researcher Jesse of Apex Crypto Insights argued the wording was later shifted to “Regulated Liability Network” because the link to Ripple was too obvious.
A Price That Would Not MoveXRP’s chart is the first thing Jesse points to. The token reached $3.84 during the 2018 bull run and later touched $3.60 earlier in this cycle, yet it has spent much of the past decade moving sideways while Bitcoin climbed far higher.
The claim is not presented as proof. Jesse frames it as his opinion, but he ties it to a wider argument about how the financial system may change if XRP ends up in a deeper role than simple payments.
The Internet Of Value ThesisThe researcher’s case is built on that chain of references. He argues that if major banks are preparing a new settlement system, an asset tied to that system may not be allowed to swing wildly in price, since volatility would be a problem for anything meant to function as a reserve or settlement layer.
What The Theory Still LacksJesse does not present hard evidence of manipulation. His argument is based on interpretation rather than any public proof of coordinated price control, and it ultimately leaves the question unresolved, with no definitive conclusion drawn on market behavior.
Featured image from Unsplash, chart from TradingView
