{"id":554796,"date":"2023-10-10T11:45:14","date_gmt":"2023-10-10T11:45:14","guid":{"rendered":"https:\/\/ktsl888.com\/?p=554796"},"modified":"2024-06-12T09:35:00","modified_gmt":"2024-06-12T09:35:00","slug":"ripple-return-xrp-tokens-escrow","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ripple-return-xrp-tokens-escrow\/","title":{"rendered":"Why Does Ripple Return Unlocked Tokens To Escrow? Pro-XRP Lawyer Provides Answers"},"content":{"rendered":"
Ripple <\/span>usually <\/span><\/a>returns a substantial part of its unlocked XRP tokens following every monthly release of 1 billion tokens from its escrow system. Justifying this move, <\/span>pro-XRP legal expert<\/span><\/a> Bill Morgan <\/span>explained<\/span><\/a> why <\/span>Ripple<\/span><\/a> does this rather than leaving these tokens in circulation.<\/span><\/p>\n In a <\/span>tweet<\/span><\/a> shared on his X (formerly Twitter) platform, Morgan suggested that Ripple\u2019s decision not to sell most of the XRP released each month is one of the steps the firm takes to \u201c<\/span>support XRP\u2019s price<\/span><\/a>.\u201d Morgan is likely referring to the fact Ripple selling all the 1 billion tokens could significantly affect (in a negative manner) the token\u2019s price.<\/span><\/p>\nWhy Ripple Returns Some XRP Tokens To Escrow<\/h2>\n