Ripple Surpasses Exchanges as Largest XRP Holder

XRP remains one of the largest cryptocurrencies, but its ownership is distributed unevenly. In September 2026, data from XRPScan revealed that Ripple holds a significant portion of XRP, with approximately 4.095 billion XRP across 31 accounts.

Ripple's escrow balances are also included in this total, bringing the company's holdings to around 35.7 billion XRP. This makes it the largest identifiable entity associated with XRP.

Major cryptocurrency exchanges like Upbit and Coinbase also control large amounts of XRP. Upbit holds approximately 6.394 billion XRP across 13 accounts, while Coinbase has roughly 5.819 billion XRP distributed across 342 accounts.