Ripple CTO David Schwartz has announced that the company is considering selling or transferring the rights to receive XRP tokens currently locked in escrow accounts. Schwartz, who plans to step down at the end of the year, clarified that these rights can only be sold by Ripple and require the company's approval for any transfer. This announcement was made during a community discussion led by software engineer Vincent Van Code, who highlighted discrepancies in how XRP's circulating supply is reported compared to Bitcoin. Van Code pointed out that XRP in escrow is excluded from market capitalization calculations, unlike Bitcoin held in Satoshi's wallet, potentially impacting the perception of XRP's market cap.
Ripple Considers Selling XRP Escrow Rights, Says CTO David Schwartz
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