What is the total supply of XRP coins?

4 answers

• InsoyFeb 25, 2024 · 2 years ago
  The total supply of XRP coins is 100 billion. This total supply was created when XRP was first launched, and no additional coins will be created. The total supply is determined by the Ripple company, the creator of XRP, and is held in escrow. The company releases a certain amount of XRP from escrow each month to support the ecosystem and ensure liquidity.
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• GURUPRASATH M CCEJul 21, 2022 · 3 years ago
  XRP has a fixed total supply of 100 billion coins. This means that there will never be more than 100 billion XRP in existence. The total supply was pre-mined and distributed by Ripple Labs, the company behind XRP. The distribution of XRP is a topic of debate within the cryptocurrency community, as some argue that it gives Ripple Labs too much control over the currency.
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• Msaab96Aug 25, 2020 · 5 years ago
  The total supply of XRP coins is 100 billion, with a portion of it held by Ripple Labs. The remaining XRP is available for trading on various cryptocurrency exchanges, including Binance, Coinbase, and others. The total supply of XRP is fixed and will not change, as no new coins will be created. This ensures that the value of XRP is not diluted over time.
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• Remix OsJan 27, 2024 · 2 years ago
  XRP has a total supply of 100 billion coins. The supply is controlled by Ripple Labs, the company that created XRP. The total supply is determined by the company and is released gradually over time. This controlled release helps to prevent market manipulation and maintain stability in the XRP ecosystem. It's important to note that the total supply of XRP does not necessarily reflect the amount of XRP available for trading on exchanges, as some XRP may be locked up or held by individuals and institutions.
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