TimesTabloid
2025-08-11 07:30:16

Ripple CTO Addresses Confusion About XRP Escrow Release Date

Ripple’s Chief Technology Officer, David Schwartz, has clarified recent speculation surrounding the timing of the company’s monthly XRP escrow releases. His comment is a response to a community member who questioned whether Ripple had changed its longstanding practice of unlocking funds on the first day of each month. Unusual Timing Sparks Questions The discussion began when an XRP community member noted that the company’s most recent escrow activity appeared to occur on an irregular date. On August 9, Whale Alert reported that a total of 1 billion XRP had been unlocked from Ripple’s escrow . The timing of these movements caught attention, as the company typically executes such releases at the start of the month. Adding to the uncertainty, data from the XRP Ledger (XRPL) explorer XRPscan continued to display the standard monthly release schedule, indicating the first day of the month as the set date. This discrepancy prompted speculation that Ripple may have altered the release process or could unlock the entirety of its escrow holdings ( over 35 billion XRP ) at any time. They always release on the first day of the month. You may not necessarily see any on ledger activity just because the escrow has released though. The ledger doesn't do anything by itself, it always waits for someone to submit a transaction to trigger it. — David 'JoelKatz' Schwartz (@JoelKatz) August 9, 2025 Earlier Ripple Escrow Activity in August Before the August 9 unlock, Ripple executed a separate escrow-related transaction on August 2, locking 700 million XRP in escrow . This sequence of events resembled earlier months in 2024 when the company’s escrow activity departed from its usual pattern, including instances where token releases were delayed and later compensated for within the same month. Similar timing anomalies occurred in previous months, such as May, when a scheduled 1 billion XRP release was delayed , surprising market watchers. These irregularities fueled further community scrutiny of Ripple’s escrow practices. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Schwartz Explains Escrow Mechanism Addressing the matter directly, Schwartz confirmed that Ripple’s escrow releases are still programmed to occur on the first day of each month. He explained that while the funds are technically released on schedule, the XRPL does not automatically display or process these events until a transaction is submitted to activate them. This delay in visible on-chain activity, he said, is responsible for the apparent shift in release dates. Schwartz also dismissed concerns that Ripple could unilaterally release all escrowed XRP at once, emphasizing that the system’s structure prevents such action. Current Escrow Holdings and Market Response Following the latest release, XRPscan data shows that Ripple holds 35,608,394,748 XRP in escrow. The market reaction to the unlock was muted. XRP is trading at $3.2, down 2.07% over the past 24 hours. However, I had preserved some of the gains from its rally following the conclusion of the legal battle between Ripple and the SEC, and it is currently up over 13% from last month. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple CTO Addresses Confusion About XRP Escrow Release Date appeared first on Times Tabloid .

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