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Ripple : Recent Escrow Transaction

Ripple update: Recent Escrow Transaction


So I am a bit confused about the 1 billion escrow each month, i know it goes back in at the end of the queue but based on what?

I was on twitter and saw the following transaction https://xrpcharts.ripple.com/#/transactions/FE43369AD807A1CC1F5F6BAFA9FCDF0C98F5EBD532A5F4CF5467EEFEBEE2FCA4

Does this mean only 400 million went back into escrow? Does this mean institutions purchased 600million or could it mean any variety of other things? Or am I simply reading that transaction wrong?




View the link

About Ripple (XRP)



Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.

Author: UnderstandingNow

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