Cryptocurrency Q&A Who controls the supply of XRP?

Who controls the supply of XRP?

QuasarPulse QuasarPulse Sat Dec 07 2024 | 6 answers 1449
I want to know who has the authority to manage and control the supply of XRP, the cryptocurrency. Who controls the supply of XRP?

6 answers

DondaejiDelightfulCharmingSmileJoy DondaejiDelightfulCharmingSmileJoy Mon Dec 09 2024
The XRPL's transaction processing rules play a crucial role in this setup.

Was this helpful?

73
56
Caterina Caterina Mon Dec 09 2024
These rules, enforced by the consensus protocol, dictate the release of the XRP over time.

Was this helpful?

295
72
Elena Elena Mon Dec 09 2024
Ripple has implemented a strategy to ensure predictability in the supply of XRP.

Was this helpful?

389
77
ethan_harrison_chef ethan_harrison_chef Mon Dec 09 2024
BTCC, a top cryptocurrency exchange, offers a range of services related to digital assets.

Was this helpful?

133
45
Isabella Isabella Mon Dec 09 2024
They have locked 55 billion XRP, which amounts to 55% of the total possible supply, into a series of escrows.

Was this helpful?

256
44
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts