Ripple Locks 800 Million XRP in Escrow Following Release of 1 Billion Tokens

Ripple Locks 800 Million XRP in Escrow Following Release of 1 Billion Tokens


Coinpedia
2023-08-02 09:56:45

The post Ripple Locks 800 Million XRP in Escrow Following Release of 1 Billion Tokens appeared first on Coinpedia Fintech News In a strategic move aimed at sowing confidence in the cryptocurrency community, Ripple has locked back 800 million XRP tokens into escrow shortly after releasing 1 billion XRP.  The company’s decision to implement an escrow mechanism underscores its commitment to responsible token management and market stability. According to Ripple’s quarterly escrow schedule, 800 million XRP …