Ripple's Latest XRP Bag Smashes Last Year's Average: 5 Billion XRP Now in Spendable Wallets

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Ripple's Latest XRP Bag Smashes Last Year's Average: 5 Billion XRP Now in Spendable Wallets

utoday04-02 07:21

The @XRPwallets account on the X social media network has published a new update about this year’s amount of XRP held by blockchain behemoth Ripple.The post has disclosed how much XRP the company held...

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Today, he struck back at the Avalanche founder, Emin Gün Sirer, following his bad April Fools' joke. In that joke, he doubted that banks are using Ripple.In fact, both blockchains have been actively collaborating with major banking institutions. Ripple has been collaborating with Santander and SBI Holdings, and Avalanche with J.P. Morgan and Citi.","collect":0,"end_time":0,"defaultTopTitle":"u.today","property":[],"viewcount":null,"language":"en","relate_stocks":{"XRPC":"Canary XRP ETF","UXRP":"Proshares Ultra XRP ETF","XRPT":"2倍杠杆XRP ETF-Volatility Shares","XRP":"Bitwise XRP ETF","XRPI":"1倍XRP ETF-Volatility Shares","XXRP":"2倍做多XRP ETF-Teucrium","TOXR":"21shares XRP ETF"},"translate_title":"Ripple最新的XRP包打破了去年的平均水平：现在可消费钱包中有50亿XRP","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XRPC":1.5,"XRP":1.5,"XRPI":1.5,"TOXR":1.5,"XXRP":1.5,"UXRP":1.5,"XRPT":1.5},"content_text":"The @XRPwallets account on the X social media network has published a new update about this year’s amount of XRP held by blockchain behemoth Ripple.The post has disclosed how much XRP the company held in March, right before the most recent XRP release from escrow that took place on Wednesday. Overall, according to the tweet, Ripple now holds more XRP in its spendable wallets than it did last year.Here's how much XRP Ripple holds nowAccording to data revealed in the post, the San Francisco-based crypto firm held 4.968 billion XRP, 5.026 billion XRP and 5.08 billion XRP in March. On April 1, Ripple conducted a scheduled escrow release, unlocking 1,000,000 billion XRP.At the time of the release, this sum of crypto amounted to $1.34 billion in fiat. These regular unlocks have been taking place every month since 2018, when Ripple locked 55 billion coins in cryptographic escrow accounts.The unlock was made, as usual, in two transactions, carrying 500,000,000 XRP each. On April 2, Ripple locked back 700,000,000 XRP in two batches: 500,000,000 and 200,000,000 XRP.Therefore, now there are roughly five billion XRP in Ripple’s wallets.Last year, in December, Ripple held 4,909 billion XRP coins.Brad Garlinghouse highlights Ripple Treasury's new platformIn today’s tweet, the CEO of Ripple, Brad Garlinghouse, shared the “secret sauce” of the Ripple Treasury now utilizing GTreasury's treasury management software. Per Garlinghouse, it will benefit financial institutions in the workflows they already use with Ripple.The second beneficial point he named is that Ripple Treasury — enhanced by Gtreasury’s software — will make it easier for fiat and digital accounts to be used together and remove friction between them. Garlinghouse reminded the community that, in 2025, Ripple facilitated a staggering $13 trillion in payments for its institutional customers. This year, he expects, this record will be left behind, replaced by a new, much bigger one. “This year, with the addition of native digital asset capabilities? LFG!”Meanwhile, Garlinghouse continues to protect Ripple from the criticism of rival blockchains. Today, he struck back at the Avalanche founder, Emin Gün Sirer, following his bad April Fools' joke. In that joke, he doubted that banks are using Ripple.In fact, both blockchains have been actively collaborating with major banking institutions. Ripple has been collaborating with Santander and SBI Holdings, and Avalanche with J.P. Morgan and Citi.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}