Bank of America's RippleNet membership is well documented, but claims that the bank uses XRP internally for all transactions remain unverified by the institution itself.

A 2026 SEC filing reportedly showed Bank of America holding 13,000 shares of an XRP ETF valued at roughly $224,640. Separately, Real's reported launch on the XRP Ledger (XRPL) has added decentralized media and payment activity alongside established institutional interest in blockchain infrastructure.

Taken together, Bank of America's XRP-related developments combine documented banking links with unverified internal usage claims, while new XRPL projects expand activity across payments, media, and decentralized applications.

Bank of America's Ripple Connection

A post from 𝓐𝓶𝓮𝓵𝓲𝓮 renewed attention around Bank of America's reported XRP activity. The post claimed the bank has used XRP for all internal transactions over the past two years. Bank of America, however, has not officially confirmed that claim.

The documented relationship between the two institutions extends back several years. Ripple lists Bank of America among the members of its RippleNet payments network. Membership establishes a connection with Ripple's infrastructure, but does not necessarily imply XRP usage. Ripple has historically marketed two distinct offerings: RippleNet, a payments network that banks can use without the token, and On-Demand Liquidity, which uses XRP as a bridge asset for cross-border transfers. That distinction is central to evaluating claims like the ones in the viral post, because a bank can be a RippleNet member while never touching XRP.

Bank of America also filed a blockchain settlement patent in 2017. The application referenced "prefunded ripple settlements" within its described system, though it did not directly identify Ripple Labs or XRP as the underlying technology.

A clearer public connection emerged during an April 2020 Treasury Insights podcast, when Bank of America's global banking leadership identified Ripple as a key partner. The conversation on cross-border payments included Ripple. This fits a broader pattern among large US banks during that period, when institutions including JPMorgan explored blockchain-based settlement — JPMorgan with its own JPM Coin network — even as most stopped short of adopting third-party tokens for settlement at scale.

Confirmed Evidence Differs From Claims

The most significant gap concerns the widely circulated internal transaction claim. That statement originated from a January 2025 FOX Business interview, and Bank of America has not publicly verified the reported 100% figure.

There is newer documented evidence involving XRP investment products. An SEC filing from February 2026 apparently listed approximately 13,000 XRP ETF shares, with the reported position valued near $224,640 at that time. Such 13F-style disclosures have become a recurring way to track institutional exposure to crypto ETFs following the approval of spot Bitcoin ETFs in January 2024, which prompted many banks and asset managers to hold small positions in regulated crypto products — positions that typically reflect custody, market-making, or client-related activity rather than a strategic bet on any specific settlement network.

Reports also indicated that Bank of America wealth advisors could recommend cryptocurrency ETFs. This represented another link between the bank and regulated digital-asset investment products, but it did not confirm direct XRP settlement through internal banking systems.

Ripple President Monica Long has also discussed interest from major banking executives. Her comments reportedly referenced Bank of America and XRP cross-border payment applications. Those remarks reflect her own account rather than an official Bank of America statement.

XRPL Adds New Decentralized Activity

The same post also referenced Real's reported launch on the XRP Ledger. The project describes itself as a three-layer decentralized network whose stated functions include media and payments through the Real token.

The project adds a distinct dimension to the broader XRP ecosystem. Institutional banking efforts focus on payment infrastructure and settlement systems, whereas XRPL projects build applications around tokenized and decentralized activity. XRPL, launched in 2012, supports a built-in decentralized exchange and native token issuance, which has made it a venue for tokenized projects beyond payments.

The post also referenced Real token availability through an XRPL decentralized exchange and separately mentioned MEXC as another trading venue. These references connect decentralized liquidity with centralized exchange access.

XRP currently trades around $1.39, according to CoinMarketCap's latest available data. The price figure provides market context but does not confirm any institutional adoption claim.

The Bank of America narrative and Real's launch remain separate developments. One concerns institutional blockchain relationships and an unverified XRP usage claim; the other concerns a newly reported application operating through XRPL infrastructure.

Together, they illustrate different forms of activity surrounding the XRP ecosystem. Documented Ripple connections provide institutional context, while XRPL projects expand application activity. However, neither development independently confirms complete internal XRP usage at Bank of America.

The available evidence therefore requires a clear separation between fact and speculation. RippleNet membership, the 2017 patent, and the ETF disclosure provide documented reference points. The claim of 100% internal XRP transactions, by contrast, still requires direct confirmation from Bank of America. The clearest signals to watch going forward are the bank's own filings and statements — future SEC disclosures, official press releases, or on-record comments from its executives — rather than social media claims or third-party accounts.