What is the total supply of XRP tokens?
Gustavo Melo MelosMay 29, 2022 · 3 years ago3 answers
Can you please provide information about the total supply of XRP tokens? I am curious to know how many XRP tokens are in circulation.
3 answers
- May 29, 2022 · 3 years agoThe total supply of XRP tokens is 100 billion. This is the maximum number of XRP tokens that will ever exist. However, not all of these tokens are currently in circulation. Ripple, the company behind XRP, holds a significant portion of the total supply. The remaining tokens are gradually released into the market through various mechanisms.
- May 29, 2022 · 3 years agoThere are 100 billion XRP tokens in total. Ripple, the company behind XRP, initially created all the tokens. However, they are gradually being distributed and sold to investors and users. It's important to note that the total supply of XRP tokens will never increase beyond 100 billion.
- May 29, 2022 · 3 years agoThe total supply of XRP tokens is 100 billion. However, it's important to understand that not all of these tokens are in circulation. Ripple, the company behind XRP, holds a significant portion of the total supply. The tokens held by Ripple are used for various purposes, including partnerships and liquidity. The remaining tokens are released into the market through a process called escrow, which ensures a controlled and gradual distribution.
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