Why is the total XRP supply capped at a certain number?
Nigar BagiyevaMay 27, 2024 · a year ago3 answers
Can you explain why the total supply of XRP is limited to a specific number?
3 answers
- Jason StroudApr 23, 2025 · 3 months agoThe total supply of XRP is capped at a certain number to ensure scarcity and prevent inflation. By limiting the supply, XRP becomes a deflationary asset, which can potentially increase its value over time. This cap also provides a level of certainty and predictability for investors and users of XRP.
- Shivaling NeralagiApr 09, 2021 · 4 years agoThe decision to cap the total supply of XRP was made by Ripple, the company behind XRP. They implemented this cap as part of their overall strategy to create a digital asset that can be used for fast and low-cost cross-border transactions. By limiting the supply, Ripple aims to maintain the stability and value of XRP in the long term.
- CRISTAL RAINMay 06, 2021 · 4 years agoAccording to a blog post by BYDFi, a digital currency exchange, the total supply of XRP is capped at 100 billion coins. This decision was made to prevent excessive inflation and ensure the long-term sustainability of XRP as a digital asset. The supply cap also aligns with the goals of the XRP community, which include promoting the use of XRP as a bridge currency for cross-border payments.
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