A member of the XRP community recently caused confusion by sharing a document from Ripple, claiming that 25% of XRP will be retained by the company. However, it was later revealed that the document is from 2014 and no longer relevant. In reality, Ripple currently holds 38% of the XRP supply in escrow, with a portion being released monthly. This model has faced criticism for centralization and has led to accusations that Ripple is enriching itself at the expense of XRP holders. The circulating supply of XRP is currently 57.88 billion coins.



Other News from Today