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coinpedia 2023-08-02 09:56:45

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

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 …

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