Ripple to Place 55 Billion XRP in Escrow

in #ripple • 8 years ago (edited)

We’ll use Escrow to establish 55 contracts of 1 billion XRP each that will expire on the first day of every month from months 0 to 54. As each contract expires, the XRP will become available for Ripple’s use. You can expect us to continue to use XRP for incentives to market makers who offer tighter spreads for payments and selling XRP to institutional investors. Here is the Source link to article https://ripple.com/insights/ripple-to-place-55-billion-xrp-in-escrow-to-ensure-certainty-into-total-xrp-supply/

#cryptocurrency #xrp
8 years ago in #ripple by
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     8 years ago 

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