Ripple has locked 400 million XRP, valued at approximately $557 million, into escrow. This move is part of Ripple's ongoing strategy to manage the supply of XRP and ensure stability in the market. The escrow mechanism is designed to release a predetermined amount of XRP each month, providing transparency and predictability to investors and stakeholders.
Ripple Locks 400 Million XRP Worth $557 Million in Escrow
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