Ripple CTO Addresses XRP Escrow Release Timing, Clarifying Monthly Schedule Amid User Speculation
Main Idea
Ripple’s XRP escrow releases occur monthly on the first day, as confirmed by CTO David Schwartz, with approximately 35.6 billion XRP remaining in escrow.
Key Points
1. Ripple’s XRP escrow releases are scheduled for the first day of each month, dispelling speculation about irregular timing.
2. Recent releases have been reported in tranches, causing confusion among users.
3. Approximately 35.6 billion XRP remains in Ripple’s escrow as of the latest reports.
4. CTO David Schwartz clarified that escrow releases do not automatically reflect on the XRP Ledger immediately.
5. Users are advised to check the XRP Ledger regularly for updates on escrow activities.
Description
Ripple’s XRP escrow releases occur on the first day of each month, as confirmed by CTO David Schwartz, dispelling recent speculation about irregular timing. XRP escrow releases are consistently scheduled
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