Ripple CTO David Schwartz confirmed XRP escrow releases occur on the first of every month, regardless of when they appear on the ledger.
Some XRP releases appear on later dates because the ledger waits for a triggering transaction before displaying the release activity.
Latest ledger data shows Ripple still holds over 35.6 billion XRP in escrow after recent multi-tranche releases reported by Whale Alert.
Ripple CTO David Schwartz has clarified the timing of the company’s XRP escrow releases after questions arose about recent date changes.
An X user noted that some recent XRP escrow releases appeared on dates other than the usual first day of the month. The observation came after Whale Alert reported on August 9 that 1 billion XRP had been unlocked in three tranches of 500 million, 100 million, and 400 million XRP.
Ledger Display and Triggering Transactions
Schwartz explained that XRP escrow contracts always release tokens on the first day of the month. However, the XRP Ledger does not automatically display the release unless a transaction is submitted to trigger it. This means the on-chain appearance date can differ from the actual release date.
The CTO noted that while an escrow release might be set for the first day, it may not appear on XRPscan or other blockchain explorers until a triggering action is performed. On August 2, Whale Alert also reported that 700 million XRP was locked in Ripple escrow in three tranches of 500 million and two 100 million XRP transactions.
Addressing Speculation on Contract Flexibility
The clarification followed speculation that Ripple could alter the escrow to release the full remaining supply of 36 billion XRP at once. Schwartz’s response confirmed that the mechanism operates consistently and automatically on a monthly schedule.
According to XRPscan data, Ripple’s escrow currently holds 35,608,394,748 XRP after the latest releases. These holdings remain subject to the programmed monthly unlocking schedule that has been in place for years.
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