Ripple update: Ripple could be holding billions of sold xrp
There is much mention/fud around the 55billion in escrow. My take is that some of that may already be sold subject to xyz. Big institutions may already own billions of xrp but are keeping it under the radar by having Ripple hold it under their rolling escrow all locked up in smart contracts. Just because It’s in escrow doesn’t mean Ripple don’t own it and can’t sell it.
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.
Don’t forget to share the post if you love it !