Ripple unlocked 1 billion XRP on September 1 through three transactions, reducing its escrow balance to approximately 31.28 billion XRP. This release is part of Ripple's monthly escrow program, meaning the tokens are made available for corporate use but not necessarily sold or moved to exchanges. Historically, Ripple re-escrows unused tokens, though the September return amount has not been independently confirmed. The move underscores the ongoing mechanism of XRP's supply management, with the escrow account now holding 31.28% of the original 100 billion supply.
Techub News says Ripple unlocked 1 billion XRP on September 1 through three separate transactions: 500 million, 400 million, and 100 million XRP. After that release, the escrow account balance sits at about 31.28 billion XRP, or 31.28% of the original 100 billion supply.
This release falls under Ripple's usual monthly escrow schedule. It puts tokens back in circulation for corporate use, but that does not mean an immediate sale or any transfer to exchanges. Past data shows Ripple usually places unused tokens back into escrow. But the September return amount still has not been independently confirmed. Crypto.news reported the information.
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