Ripple's Chief Technology Officer, David Schwartz, disclosed that the company had the potential to sell more XRP before implementing the escrow mechanism in 2017. Prior to this system, Ripple operated with a $1,000 escrow limit, which could have allowed for increased monthly sales. The current escrow mechanism locks 5.5 billion XRP, releasing 1 billion monthly to help stabilize the cryptocurrency market. This revelation comes as traders closely monitor altcoin movements amid Ripple's evolving strategy.
Ripple CTO Reflects on Missed Opportunity to Sell More XRP Pre-Escrow
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