What is the issuance and circulation of XRP coins?
- Christopher NolanOriginal
- 2024-09-23 17:30:01939browse
XRP coin issuance and circulation
XRP coin is a cryptocurrency issued by Ripple Company and is currently widely accepted around the world. Its issuance and circulation are as follows:
Issuance:
The total circulation of XRP is 100 billion pieces, of which:
- 50 billion pieces Held by Ripple
- 15 billion pieces Sold to private investors
- 200 Billions held in escrow accounts
Circulation:
XRP’s circulation is constantly changing as it is used for transactions and transfers. As of March 2023, the circulating supply of XRP is approximately 48.5 billion.
Remaining Supply:
Of the 50 billion XRP held by Ripple, only about 5.5 billion are currently in circulation. The remaining XRP coins will be gradually released into the market as needed.
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