The XRPL validator, Vet, has explained that it is impossible for Ripple to create more XRP tokens beyond the initial supply of 100 billion. He stated that the entire supply of XRP was created in 2012 and the XRPL design prevents the creation of new XRP. The system has safeguards in place, such as the "invariant checker," which continuously checks all transactions to ensure no new XRP is being created. Vet emphasized that unlike Bitcoin, which has experienced accidental inflation due to bugs, the XRPL has never had such an issue. He also highlighted that XRP is deflationary, as every transaction burns a small portion of XRP as a fee. These clarifications came in response to claims by Pierre Rochard that Ripple could still issue trillions of additional XRP. Ripple CTO David Schwartz addressed Rochard's claims and explained that any blockchain, including Bitcoin, could be forked, but that does not mean the original network would accept the changes.
Weak Dollar, Money Printing and Other ‘Massive Changes’ To Bring Bitcoin to $1,000,000: Arthur Hayes
Bitcoin Exchange Binance Announces It Will Support Network Upgrades and Hardforks of These Altcoins!