Ripple CTO Addresses Confusion About XRP Escrow Release Date
Main Idea
Ripple's CTO David Schwartz clarified the timing of XRP escrow releases, explaining the mechanism and addressing community concerns about unusual transaction patterns.
Key Points
1. An XRP community member noted an unusual timing of Ripple's 1 billion XRP escrow unlock on August 9, 2025, as reported by Whale Alert.
2. Ripple executed a separate escrow-related transaction on August 2, locking 700 million XRP, resembling earlier anomalies in 2024.
3. Schwartz confirmed that Ripple's escrow releases are technically on schedule, but the XRP Ledger's structure prevents unilateral early releases.
4. After the latest release, Ripple holds 35,608,394,748 XRP in escrow, with a muted market reaction—XRP traded at $3.2, down 2.07% in 24 hours.
5. The article mentions Ripple's ongoing legal battle with the SEC and XRP's 13% price increase over the past month.
Description
Ripple’s Chief Technology Officer, David Schwartz, has clarified recent speculation surrounding the timing of the company’s monthly XRP escrow releases. His comment is a response to a community member who questioned whether Ripple had changed its longstanding practice of unlocking funds on the first day of each month. Unusual Timing Sparks Questions The discussion began when an XRP community member noted that the company’s most recent escrow activity appeared to occur on an irregular date. On Au...
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