Ripple has locked 500 million XRP, valued at approximately $648 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 for investors and stakeholders.
Ripple Locks 500 Million XRP Worth $648 Million in Escrow
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