Ripple Can Monetize 35 Billion XRP Locked for Future Payments

Ripple has clarified its ability to monetize its 35 billion XRP tokens held in escrow, even though these are currently locked and inaccessible for market trading. This comes after questions were raised about the company’s strategy of purchasing XRP from open markets while maintaining a significant escrow balance. Chief Technology Officer David Schwartz confirmed that while the XRP tokens remain locked until their scheduled release dates, Ripple can monetize the legal rights associated with these future payments or transfer accounts designated to receive them.