Ripple CTO Confirms XRP Escrow Releases Occur Monthly Despite Ledger Display Variations
The post Ripple CTO Confirms XRP Escrow Releases Occur Monthly Despite Ledger Display Variations appeared on BitcoinEthereumNews.com.
XRP Release Date Amount Released Ledger Display Date October 1, 2023 1 billion XRP October 2, 2023 What is XRP Escrow and How Does It Work? XRP escrow is a mechanism used by Ripple to manage the supply of XRP. XRP escrow releases occur on the first day of each month, ensuring a controlled distribution of tokens to maintain market stability. Why Are There Different Display Dates on the Ledger? According to Schwartz, while the escrow contracts release tokens on the first day, the XRP Ledger may not display these releases immediately. A triggering transaction is necessary for the release to appear on blockchain explorers. Frequently Asked Questions How does the XRP escrow mechanism work? The XRP escrow mechanism releases tokens monthly, ensuring a steady supply while preventing sudden market fluctuations. What triggers the display of escrow releases on the ledger? The display of escrow releases on the ledger is triggered by specific transactions, which may cause a delay in visibility. Key Takeaways XRP escrow releases occur monthly: Consistent timing helps stabilize the market. Ledger display varies: Triggering transactions affect when releases appear on the blockchain. Ripple’s current holdings: Over 35.6 billion XRP remain in escrow, following recent releases. Conclusion In summary, Ripple’s escrow releases are a vital part of its strategy to manage XRP supply. Understanding the timing and display of these releases is crucial for investors and stakeholders in the crypto market. As Ripple continues to hold a significant amount of XRP in escrow, the monthly release schedule remains a key factor in maintaining market stability. Ripple CTO David Schwartz clarifies that XRP escrow releases always occur on the first day of each month despite varying ledger activity dates. Ripple CTO David Schwartz confirmed XRP escrow releases occur on the first of every month, regardless of when they…
Filed under: News - @ August 10, 2025 8:25 pm