Ripple Escrow

Definition ∞ Ripple Escrow is a feature on the XRP Ledger that allows a specified quantity of XRP to be held in a secure, time-locked account. These funds are inaccessible until a predetermined date or until certain conditions are met, ensuring a controlled release of the digital asset. It is primarily used by Ripple to manage the supply of XRP.
Context ∞ News regarding Ripple Escrow provides context for understanding XRP’s supply dynamics and potential market movements. Reports often analyze the scheduled releases from escrow and their potential influence on XRP’s circulating supply and price action. This mechanism offers transparency regarding the distribution strategy of a significant portion of XRP.