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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
Make your first post or come back post to share a $20,000 monthly prize pool!
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Ripple_s Q2 Performance Report Reveals Massive XRP Holdings
American blockchain payments firm, Ripple Labs Inc, has published its Q2 performance report, highlighting its significant ownership of XRP coins. The report distinguishes two categories: XRP in escrow and XRP held by the company. As of June, the total XRP in on-ledger escrow is reported at 41,900,000,005, while the XRP held by the company stands at 5,551,119,094. This indicates a rise in XRP holdings compared to the previous quarter. The release of XRP coins from escrow over the next 42 months aims to enhance operations on the XRPL and other company areas.