Questions tagged [xrp escrow coins]

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DigitalDuke DigitalDuke Sat Jun 15 2024 | 7 answers 1581

Could ripple destroy XRP escrow coins?

Could Ripple potentially dismantle the escrowed XRP coins, and what would be the consequences if such an action were to occur? Would this lead to a significant market disruption, or could it simply be a minor hiccup in the larger cryptocurrency landscape? What safeguards are in place to prevent such a scenario, and how does Ripple justify maintaining these escrowed coins if there's a risk of them being destroyed? Furthermore, what impact would such a destruction have on Ripple's credibility and reputation within the cryptocurrency community?

Could ripple destroy XRP escrow coins?

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