In a climate the host describes as the “worst retail sentiment” he’s seen in crypto, a heavyweight policy institution quietly put several public blockchains at the center of its latest banking research.
Analyst All In Crypto walks through a 2025 report from OMFIF — an independent think tank focused on central banking, sovereign funds and public investing — that spotlights Hedera Hashgraph, Stellar and the XRP Ledger as potential infrastructure for the future financial system.
OMFIF’s $43 Trillion Network Looks At These Public Chains
OMFIF says its network of “global public investors” controls around $43 trillion in invest-able assets, spanning central banks, sovereign wealth funds, pension funds and major regulators.
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The analyst notes that institutions involved in OMFIF dialogues include the Bank of England, European Central Bank, Federal Reserve, People’s Bank of China, Bank of Japan, the IMF, World Bank, BIS, and large asset managers such as BlackRock and JPMorgan & SWIFT.
The report, titled “Driving public blockchain integration in banking” is produced in partnership with Aptos Labs, Hedera, Ripple, the Stellar Development Foundation and others.
It focuses on how public blockchains could move from “experimental infrastructure” to “viable components of the financial system,” particularly through tokenization of traditional assets.
Citing forecasts from McKinsey, Citi and Boston Consulting Group, the paper expects tokenized real-world and capital markets assets to reach into the low single-digit trillions of dollars by 2030, up from “tens of billions” today — roughly a 100x increase in market size, as the host emphasizes.
How Stellar, HBAR & XRP Present Themselves To Policymakers
The report gives each network space to frame its value proposition for regulated finance.
For Stellar, a policy director from the Stellar Development Foundation argues that the usual “public vs private” and “permissionless vs permissioned” blockchain labels are now “a source of confusion and flawed regulatory outcome.”
Stellar, he claims, is open and decentralized but offers many of the practical benefits of private chains, and should be assessed instead on features like settlement finality, governance and interoperability.
Hedera’s contribution stresses “commissioning as protection.” Its global policy director outlines a permissioned set of consensus nodes run by named Fortune 500 companies, Web3 organizations and universities.
Hedera “will not fork” the piece says, framing this stability and the doxxed governance council as better aligned with financial-market needs and less prone to collusion than anonymous validators.
Ripple’s section highlights the XRP Ledger’s 13-year operational history “without any major outages or security failures” and its public-permissionless design.
A Ripple representative pushes back on regulatory worries about public chains, pointing to curated validator sets, deterministic settlement (no probabilistic rollbacks) and the benefits of open participation for liquidity and developer ecosystems.
For the analyst, the contrast is stark: retail traders are capitulating after a long draw-down, while institutions advising and serving central banks and sovereign funds are openly testing how public blockchains could underpin banking infrastructure.
The implication is that if tokenization and public-ledger settlement scale anywhere near the forecasts cited, protocols sitting at the center of these early policy discussions could end up with outsized strategic importance.
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People Also Ask:
The analyst says OMFIF’s 2025 report explicitly involves Aptos, Hedera, Ripple (XRP Ledger) and the Stellar Development Foundation, with dedicated sections for Stellar, Hedera and XRP.
OMFIF convenes central banks, sovereign funds and regulators overseeing about $43 trillion in assets, so its work can influence how public blockchains are framed in future policy and infrastructure decisions.
The report cites estimates ranging from roughly $1.9 trillion to $9.4 trillion in tokenized assets by 2030, up from today’s tens of billions.
No. The report signals serious consideration, not commitment. Regulatory outcomes, competing technologies and market dynamics could still shift which platforms gain traction.
