Lawyer Defends XRP Escrow System, Says it Strengthens Market Stability

A lawyer representing Ripple has challenged claims that the company’s escrow system for XRP negatively impacts prices. The defense comes after an analysis by CrediBULL Crypto suggested that XRP might surpass Ethereum as a cryptocurrency, and critics questioned whether regular releases of up to one billion XRP put pressure on XRP’s value. 36Crypto reported the lawyer’s response highlighting that the SEC case evidence supports the notion that the escrow system bolsters XRP prices over time. Mr. Morgan asserts that predictable XRP releases are designed to foster trust in the market and not manipulate pricing.