Ripple CTO Discusses Potential Sale of XRP Escrow Rights, Sparks Supply Debate
Ripple CTO Discusses Potential Sale of XRP Escrow Rights, Sparks Supply Debate
Ripple's Chief Technology Officer, David Schwartz, has revealed that the company possesses the right to sell XRP currently held in escrow. This disclosure has ignited a significant debate within the altcoin market concerning the true calculation of XRP's circulating supply and its potential implications.
Ripple CTO's XRP Escrow Revelation
In a recent statement, Ripple's CTO, David Schwartz, confirmed that Ripple holds the rights to sell off XRP tokens that are presently locked in escrow. This critical insight has prompted widespread discussion and analysis across the altcoin market, particularly regarding what truly constitutes the available supply of XRP.
The ability for Ripple to potentially liquidate these escrowed assets raises questions about the future market dynamics and the perceived scarcity of XRP, leading to renewed scrutiny of its tokenomics.