📈 Ripple Keeps XRP in Escrow: Expert Opinion
Lawyer Bill Morgan commented on the rumors that Ripple will sell off its escrow holdings of XRP. He claims that this will not happen; on the contrary, the escrow will support the price of XRP instead of lowering it. The SEC also acknowledged that the strategic use of escrow helps investors expect profits. Ripple currently has 35 billion XRP in escrow, and there are plans to expand operations, which could positively impact the adoption of cryptocurrency.
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