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Ripple Is Set To Unlock 1 Billion XRP On August 1. Most Of The Tokens Are Expected To Return To Escrow

Ripple
International Business Times Fews App News Provider
Fews App Post Time Hace 7h

Ripple's escrow mechanism automatically unlocks up to 1 billion XRP on the first day of each month through a series of smart contracts on the XRP Ledger. Alesia Kozik Ripple is preparing for its next scheduled XRP escrow release, with 1 billion XRP set to become available on Aug. 1 under the company's longstanding token management program.

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