32.445 Billion XRP: Community Sets Record Straight on XRP Escrow

As discussions about XRP escrow balance reemerge on social media, XRP community members have shared what they call a current snapshot of Ripple’s publicly verifiable XRP escrow holdings.

The update comes amid fresh conversations over Ripple’s escrow holdings, with many social media posts citing outdated or conflicting figures.

X user “Saul” observed a lot of discussions about escrowed XRP; however, he noted that the numbers are all over the place. He went ahead and shared a current snapshot of the escrow holdings at 32.4 billion XRP.

Hussein Zangana, the director of community at the XRP Ledger Foundation, who goes by the name Vet on X, says this figure is validated by the popular XRP Ledger explorer, XRPScan. Vet shared a screenshot from XRPScan showing the circulating supply of XRP, total XRP burned, and escrowed.

XRP activated accounts are currently at 8,019,684; total XRP burned is 14,365,934 XRP; XRP escrowed is 32,445,002,702 XRP, while the current circulating supply stands at 67,526,265,430 XRP.

Vet shared a further interesting detail, highlighting the transparency around Ripple’s public operations regarding the XRPL. He noted that Ripple added to their website, in the XRPL toml file, all of their public operation accounts and addresses on the XRPL, which are also validated with Ripple’s UNL validator signature. This shows 20 XRP escrow accounts, 2 clusters, a few validators (only 1 on dUNL), and an RLUSD issuer address.

Ripple news

In the past week, Ripple launched Ripple Mint, which represents a unified way for institutions to access, mint, redeem, and manage Ripple USD (RLUSD). Ripple Mint improves how institutions access RLUSD by supporting both a user interface for operational control and oversight and programmatic access for automation and system-level integration.

Notably, an institutional network that handles over $2 trillion in annualized transaction volume announced a strategic investment from Ripple. The partnership aims to accelerate the adoption of compliant stablecoin payments while paving the way for RLUSD to be integrated across one of the world’s largest institutional payment networks for digital assets.