Why does $XRP have a maximum supply of 100 billion and a total supply of 99.99 billion?

The reason for 99.99 billion instead of exactly 100 billion is due to the burning through transaction fees.

Each transaction in XRP has a fee of 0.00001 XRP.

These fees are burned permanently.

This reduces the total supply.

That difference is due to the XRP burned since its launch.

If XRP is acquired internationally, merchants will conduct more daily transactions, and the XRP will be burned in the fee.

Over time, the total supply will contract further, causing scarcity, and the price will increase.$XRP