Ripple Unveils New Escrow Strategy for XRP Release

In a significant move, Ripple has introduced a new approach to releasing its XRP holdings from escrow, shaking up the usual monthly process. On May 3rd, Ripple released 1 billion XRP in three separate transactions, marking a departure from the company’s previous schedule where these movements would happen on the first day of each month. While the overall release amount remains the same, the specific timing and transfer methods have been altered.