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Ripple CTO Clarifies Timing of XRP Escrow Releases Amid Speculation

Ripple CTO Clarifies Timing of XRP Escrow Releases Amid Speculation

  • Ripple CTO confirms XRP escrow releases always occur first each month.
  • Schwartz explains visible ledger activity may appear after actual escrow release.
  • Latest data shows over 35.6 billion XRP remains in escrow.

According to recent discussions on X, questions have emerged within the XRP community regarding the timing of Ripple’s escrow releases. An observation suggested that some releases appeared on dates outside the expected first day of the month schedule.


This concern grew after blockchain tracker Whale Alert reported an escrow release of 1 billion XRP in three tranches: 500 million XRP, 100 million XRP, and 400 million XRP purchases reported on August 9. This raised suspicions about Ripple changing its normal release pattern.


Additionally, XRPscan data showed the most recent release without confirming if the schedule had been changed. The records on the platform showed the start of the month as the scheduled release date, which made some people doubt the slowness of the on-chain activity. On August 2, Whale Alert reported 700 million XRP being locked into escrow in three transactions as well.


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Schwartz Addresses Community Concerns

Ripple CTO David Schwartz responded to the community discussion, explaining that escrow releases consistently occur on the first day of each month. He added that although the release is processed internally by the XRP Ledger, it must have a submitted transaction to be published publicly.


Schwartz also explained that this technical necessity implies that visible records on the ledger can be posted after the release date. The statement explicitly answered the worries that Ripple might tamper with the system and release all its escrow supply at once.


The CTO pointed out that the ledger does not perform any automatic functions without transactions initiated by people. His remarks were aimed at giving the community relief that the release mechanism is uncompromised.


With the recent movement, XRPscan data has recorded 35,608,394,748 XRP that is still in the Ripple escrow accounts. This number is attributed to the structured release plan that Ripple has been following throughout the years.


Conclusion

Schwartz’s remarks have clarified recent questions about escrow release dates. The explanation reinforced that Ripple’s monthly schedule remains unchanged, even when public transaction records appear later than expected.


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