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Crypto

Ripple Unlocks $14.9B Worth of XRP Tokens From Escrow

Guavy AI Editorial Team
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XRP
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Ripple has released 10 billion XRP tokens from its escrow accounts in four separate transactions, worth approximately $14.9 billion USD.

The largest transaction saw 5.6 billion XRP tokens unlocked, valued at around $7.8 billion. This move is seen as a significant development in the cryptocurrency space, with many market observers closely following Ripple's actions.

Ripple has been managing its XRP supply through an escrow mechanism since 2017, which has helped to maintain stability and liquidity in the market.

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