Ripple’s XRP Escrow Balance at 35.6B: Active Accounts Near Seven Million Amid Stable Supply Management
Main Idea
Ripple's XRP has an escrow balance of 35.6 billion XRP and a circulating supply of 64.3 billion XRP, with nearly seven million active accounts, demonstrating market stability and growth.
Key Points
1. Ripple's escrow system holds 35.6 billion XRP, with a circulating supply of 64.3 billion XRP, introduced in 2017 to enhance market transparency and predictability.
2. The escrow system limits monthly releases to a maximum of one billion XRP to ensure controlled distribution and market stability.
3. XRP currently has approximately 6,837,166 active accounts, reflecting steady growth and consistent transaction activity.
4. Ripple initially transferred 55 billion of its 80 billion XRP into escrow to provide a transparent framework for token availability.
5. The escrow system reinforces trust in the XRP market by ensuring a predictable supply of tokens.
Description
Ripple’s XRP is a digital asset with a current escrow balance of 35.6 billion XRP and a circulating supply of 64.3 billion XRP, supporting nearly seven million active accounts. Ripple’s
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