Bill Morgan Defends Ripple XRP Escrow System for Price Stability

Whales Buy XRP As Escrow Unlock Rumors Encourage FUD - Invest In Crypto News

Last week, Ripple automatically released $3.28 billion in XRP tokens from escrow, sparking fears of a selloff. However, these fears were totally irrational, and whales took the opportunity to consolidate their holdings. None of the alleged reasons to fear for XRP’s long-term health were validated. The escrow function has worked for years, and it’s intended to stabilize the token’s market. The XRP has already been returned. XRP Escrow Debacle Exp…

Bitcoin Has No Major Advantage Over XRP, Says Pro-Ripple Lawyer

With Ripple’s native crypto XRP being in the limelight once again following the Ripple lawsuit conclusion, Bitcoin maxis have charged in fresh attacks on the altcoin. In a recent response, pro-Ripple lawyer Bill Morgan stated that Bitcoin holds no major advantage over the Ripple crypto. The recent attacks came following the Rippl’s release of the The post Bitcoin Has No Major Advantage Over XRP, Says Pro-Ripple Lawyer appeared first on CoinGape.

Dispel Ripple’s Fears About Market Influence

Ripple's XRP token release stirred market pressure concerns. Escrow mechanisms follow a predefined automatic schedule. Continue Reading: Dispel Ripple’s Fears About Market Influence The post Dispel Ripple’s Fears About Market Influence appeared first on COINTURK NEWS .

Ripple CEO Highlights Eight-Year Impact of XRP Escrow Strategy

In 2017, Ripple addressed growing concerns about potentially flooding the market with XRP by locking 55 billion of its 80 billion XRP tokens in an escrow account. This measure allowed Ripple to release a maximum of one billion tokens per month, creating more transparency and predictability in XRP sales. At the time, Ripple classified tokens in escrow as “undistributed,” while the rest made up the circulating supply. Any tokens not sold in a give…

Ripple CEO on XRP Escrow: Historic Tweet Marks Eight Years

35,608,401,338 XRP tokens currently escrowed

Bill Morgan Defends Ripple XRP Escrow System for Price Stability

The post Bill Morgan Defends Ripple XRP Escrow System for Price Stability appeared on BitcoinEthereumNews.com. Lawyer Bill Morgan says XRP escrow supports price stability, not suppression. Ripple’s 1B monthly XRP release has been a predictable “non-event” for years. The SEC lawsuit evidence backs escrow as a pro-market, not anti-market, tool. Lawyer Bill Morgan has defended Ripple’s XRP escrow system by referencing CEO Brad Garlinghouse’s August…