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Ripple prepares to release almost $1.5 billion of XRP in less than 2 weeks
Ripple is set to unlock 1 billion XRP from its escrow contracts on May 1, continuing a monthly release program established in 2017.At the time, the …
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Cryptocurrency News | Cryptocurrency Prices | Market CapRipple prepares to release almost $1.5 billion of XRP in less than 2 weeks
Ripple is set to unlock 1 billion XRP from its escrow contracts on May 1, continuing a monthly release program established in 2017. At the time, the company placed 55 billion XRP into cryptographically secured escrow on the XRP Ledger to improve transparency and predictability around supply. Under this mechanism, 1 billion XRP becomes available at the start of each month. The structured approach was designed to address concerns about Ripple’s l…
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