XRP
XRP is the native asset of the XRP Ledger and primarily used as a bridge currency within its blockchain ecosystem. All accounts on the XRPL must hold a minimum balance of 20 XRP as a reserve and can send XRP between one another. An example of XRP being used as a bridge currency on the XRPL is through the auto-bridging of order books. In this process, two separate order books like BTC/XRP and XRP/LTC can be merged to facilitate transactions through a synthetic BTC/LTC order book. XRP is broken down into six decimal point with 1/1,000,000 of a XRP referred to as a drop. Due to the fast and efficient nature of the XRPL consensus, XRP can be traded on the XRP Ledger for a small number of drops as a transaction fee. Every transaction fee in XRP is burned and thus creates a deflationary mechanism on the total XRP supply.
The pre-minted supply of XRP is 100B, which was distributed to the project founders and the firm, Ripple. To provide XRP’s market with some clarity around the distribution of Ripple’s gifted XRP, the firm opted to place the remaining XRP in a cryptographically-locked escrow on the XRPL in 2017. Every month 1B XRP are released from the escrow for Ripple to utilize. Ripple has greatly reduced the amount of XRP they sell or distribute over the past couple of years and release a market report every quarter detailing what they did with the escrow. Any XRP not utilized from an escrow released is placed back into the monthly escrow distribution at t + 1 months, where t is the total remaining months on the escrow distribution.
The XRP escrow is one of the most talked about distribution mechanisms in crypto markets as it has drawn the ire of regulators and other opponents to the XRPL. While the market capitalization of the escrow is rather large, Ripple is unable to sell all of that XRP at once or at market prices. Furthermore, much of Ripple’s business is centered around the use of XRP and the XRPL, which stands as a deterrent to flooding the market of XRP with too much supply via their escrow distributions. Ultimately, Ripple’s sales of XRP during the past few years have often amounted to less than 100 basis points of total XRP trading volume on a monthly basis.

XRP Charts

XRPScan
XRP Airdrop Tree
***Last updates as of 8.20.2021***XRP Airdrops - Flare Network Eligible XRP holders will receive the Spark (FLR) airdrop from the Flare Network. Additionally, with the announcement of the Songbird Network, these same eligible XRP holders will be airdropped the...
Flare Network Wallet Updates
*** Disclaimer: This article is not financial advice. Anyone taking action on the below information is responsible for their own personal situation. This is just meant to be an aggregation of information to help individuals make the best decision for themselves in...
XRP Escrow Theories Run Wild
Alright folks while I personally love a good ole down the rabbit hole conspiracy theory - I am just seeing too many opinions about the XRP Escrow that would either make no earthly sense to me or would burn the XRP Ledger to the ground. With that being said, I can only...
Preliminary Ripple Response to the SEC Lawsuit
Ripple has issued their preliminary response to the SEC lawsuit on selling XRP as an investment contract. The filing also includes a FOIA request for SEC communications on the Bitcoin and Ethereum no action rulings. See below for links to the Ripple response and blog...
Flare Network’s Spark (FLR) Token Distribution
*** Updates to FLR distribution reflect 1/19/21 for this article. Since Flare Network was first announced back in November 2019, the Flare blockchain has been adapting to meet the demand for its smart contract capabilities. Originally, Flare had planned for the...
The Future of the XRP Escrow
Welcome to the Mickey B Fresh voice note series! Mickey touches on XRP Escrow possibilities, the idea of Ripple as a central bank, ODL mechanisms, and much more. The voice notes come fresh out of Mickey's own telegram group full of dedicated researchers and long time...
Smart contracts are coming to Litecoin via Flare Network
The official Flare Network twitter account released a couple of tweets on 1/8/21 with some big news. Prior to the the Flare Network launch in Q2 2021, Flare Network will be integrating its smart contract functionality with the Litecoin blockchain. Litecoin holders are...
XRP Ledger Stablecoin Proposal
Recently, the OCC released guidance that national banks and FSAs can conduct payment activities via blockchain infrastructure and stablecoins. This is a massive step forward in the domestic payments space of the United States. David Schwartz, CTO of Ripple Labs, made...
XRP Community Members v. the Securities and Exchange Commission
While the SEC case against Ripple and XRP has become a hot button topic across the entire industry, a few members of the XRP community have filed a lawsuit against the SEC for this action. The lawsuit has been filed for a Class defined as follows: All United States...
Our Statement On Recent Market Participant Activity
Please see the link below to view Ripple Labs statement on the future trading halts of XRP by various US-based exchanges, which is posted via Ripple | Insights: https://ripple.com/insights/our-statement-to-recent-market-participant-activity/ Posted Date: 12/29/20
XRP-Micky B Fresh Let`s Talk Ripple IPO-FUD And What`s DE-FI?!?!?!?!
Brad Kimes of Digital Perspectives hosts a discussion with Mickey B Fresh of The DeFi Standard on the possibility of a Ripple Labs IPO and an introduction to decentralized finance (DeFi). Video Date: 1/28/2020 ***Disclaimer: This content is not intended to constitute...
Ripple/XRP-Special Guest”Micky B”,Market Infrasturcture,Miguel Vias,Polysign,Exchanges And FATF
Brad Kimes of Digital Perspectives hosts a discussion with Mickey B Fresh of The DeFi Standard on one of the greatest mysteries surrounding XRPL development, Polysign, as well as crypto market infrastructure and Miguel Vias, former head of XRP Markets at Ripple Labs....
Ripple/XRP-Mickey B Fresh Talks,Data Collection,SBI,XRP Currency Designation,SEC,OCC,FSOC,FATF
Brad Kimes of Digital Perspectives hosts a discussion with Mickey B Fresh of The DeFi Standard on the future of data collection with blockchain technology, updates on the SBI bank consortium out of Japan, and possible legal designations for XRP in the United States....
Ripple/XRP-Flare Network/Spark Tokens FXRP, RTGS Global Is It Going To Relace Ripple/XRP?!?
Brad Kimes of Digital Perspectives hosts a discussion with Mickey B Fresh of The DeFi Standard on the Flare Network, its native asset the Spark token ($FLR), and the ability to utilize XRP in smart contracts through the minting of FXRP. Video Date: 9/4/2020...
Ripple/XRP Special Guest Micky B Understanding The Ripple/XRP line of Credit and Flare Announcement.
Brad Kimes of Digital Perspectives hosts a discussion with Mickey B Fresh of The DeFi Standard. Topics include the Ripple Labs XRP Line of Credit (LOC) offering as well as the announcement of an XRPL utility fork via Flare Network. Video Date: 10/13/2020...
XRP- Micky B, A New Look At Shane Ellis Theory!!
Brad Kimes of Digital Perspectives hosts a discussion with Mickey B Fresh of The DeFi Standard on the infamous Shane Ellis Theory covering how an exponential price increase for XRP could occur in a short period of time. This is an updated look at the theory several...
XRP-R3 and “Micky B Fresh” From The Community!! Trojan Horse?!?!?!
Brad Kimes of Digital Perspectives hosts a discussion with Mickey B Fresh of The DeFi Standard on the connections between Ripple Labs, XRP, and R3. In 2018, ongoing litigation between Ripple Labs and R3 was settled for an undisclosed amount. Per cryptocurrency news...
XRP- Shane Ellis Theory With Special Guest Micky B Fresh!!!!
Brad Kimes of Digital Perspectives hosts a discussion with Mickey B Fresh of The DeFi Standard on the infamous Shane Ellis Theory covering how an exponential price increase for XRP could occur in a short period of time. Video Date: 9/12/2019 You can find an unedited...
The Big Reveal(Holy Grail) Pt2 Collaterlized Debt Positions(CDP`s) De-Fi
Brad Kimes of Digital Perspectives hosts a group discussion with Mickey B Fresh of The DeFi Standard, Lee of S.P.Q.R Media, and Curtis of Love for Crypto on all things Ripple, XRP, future of Decentralized Finance (DeFi), and collateralized debt positions (CDP). The...
XRP-The Big Reveal(The Holy Grail) !!!!!!!!!!
Brad Kimes of Digital Perspectives hosts a group discussion with Mickey B Fresh of The DeFi Standard and SPQR Lee of S.P.Q.R Media on all things Ripple and XRP. The video dubbed "The Holy Grail" is the first in a two part series. Video Date: 5/24/2019 ***Disclaimer:...
SEC Charges Ripple and Two Executives with Conducting $1.3 Billion Unregistered Securities Offering
Please find a link to the press release for the SEC case against Ripple Labs, Brad Garlinghouse, and Chris Larsen in which the defendants are accused of selling up to $1.3B XRP as an unregistered security from 2013 to present:...
The SEC’s Attack on Crypto in the United States
Please see the link below to view the Brad Garlinghouse internal memo to the employees of Ripple Labs regarding the SEC lawsuit against their firm, which is posted via Ripple | Insights: https://ripple.com/insights/the-secs-attack-on-crypto-in-the-united-states/...
Ripple Wells Submission Summary
Please see the link below to view the Ripple Labs Wells submission summary in response to the SEC's litigation on the sale of XRP as an unregistered security: https://ripple.com/wp-content/uploads/2020/12/Ripple-Wells-Submission-Summary.pdf File Date: 12/22/2020...
Securities and Exchange Commission against Ripple Labs, Inc., Bradley Garlinghouse, and Christian A. Larsen
Please find the SEC court filing for the case against Ripple Labs, Brad Garlinghouse, and Chris Larsen via PDF at the link below: https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf File Date: 12/22/2020 Notes: This is an open court case.
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