Ripple faces 2 billion XRP supply question ahead of November unlock
Photo: Finbold
Three days ahead of the November 1 escrow unlock, Ripple is facing a 2 billion XRP supply question, as the 1 billion tokens previously released from escrow on October 1 has never left the company’s wallets. On October 1, four escrow contracts released 1 billion XRP into two Ripple wallets that XRPSCAN labelled “Ripple 10” and “Ripple 11,” with 500 million each. However, an XRP Ledger (XRPL) check on October 29 shows both wallets are still holding the same amounts, with neither having sent a single payment since the unlock.
Source: Finbold
