What is the issuance and circulation of XRP coins?

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.

The above is the detailed content of What is the issuance and circulation of XRP coins?. For more information, please follow other related articles on the PHP Chinese website!