Ripple CEO on XRP Escrow, 8 Years Later
Back in 2017, Ripple made a big move, locking up 55B XRP in escrow to avoid dumping coins into the market. Only 1B XRP can be released monthly, and whatever’s not used goes right back into escrow. The goal? Supply predictability + healthy, trusted markets.
Fast-forward to now:
Max supply: 100B XRP
Circulating supply: 64.36B XRP
Burned: 14.16M XRP (via tiny transaction fees to stop spam)
Escrowed: 35.6B XRP
Active accounts: 6.83M
Price: $3.11 (recent high $3.66 on July 18)
Brad Garlinghouse’s old tweet aged pretty well, 8 years later, the escrow system still stands strong.
