What is the total supply of XRP in circulation?

3 answers

• ArcherJun 09, 2024 · a year ago
  The total supply of XRP in circulation is 100 billion coins. This supply was pre-mined and created by Ripple Labs, the company behind XRP. The distribution of XRP is managed by Ripple, with a portion of the supply being sold to institutional investors and the rest being held by the company. As of now, a significant amount of XRP is still held by Ripple, but they have committed to gradually releasing it into the market to ensure stability and prevent any sudden price fluctuations.
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• tmaniniMar 25, 2022 · 3 years ago
  XRP has a total supply of 100 billion coins. This supply is fixed and will not increase over time. The initial distribution of XRP was done through a combination of sales to investors and strategic partnerships with financial institutions. Ripple, the company behind XRP, holds a large portion of the total supply, but they have been gradually selling it to the market. It's important to note that the total supply of XRP does not necessarily reflect the amount of XRP available for trading, as some coins may be locked up or held by long-term investors.
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• EnvIr0nOct 09, 2024 · 10 months ago
  According to the latest data, the total supply of XRP in circulation is 100 billion coins. However, it's worth mentioning that not all of these coins are available for trading. Ripple, the company behind XRP, holds a significant amount of the total supply and has been gradually releasing it into the market. This controlled release is aimed at preventing any sudden price fluctuations and ensuring the stability of the XRP ecosystem. It's also important to note that the total supply of XRP is fixed and will not increase over time.
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