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XRP

XRP Escrow

The complete guide to Ripple's escrow system and XRP supply management

Total Supply
100B
In Escrow
~33.9B
Circulating
~60B
Monthly Unlock
1B
01/07·What is XRP Escrow?

What is XRP Escrow?

Escrow is a native feature of the XRP Ledger that allows XRP to be locked in a trustless, on-chain smart contract — no third party required.

Think of it like a time-locked vault built directly into the blockchain. Once XRP is placed in escrow, nobody — not even the creator — can touch those funds until the release conditions are satisfied.

EscrowCreate

Locks XRP into an escrow object on the ledger.

EscrowFinish

Releases escrowed funds to the destination.

EscrowCancel

Returns funds if cancellation deadline has passed.

Types of Escrow

TypeHow It WorksExample
Time-basedFunds release after a specific timestamp (finishAfter)Scheduled payments, vesting
Condition-basedFunds release when a cryptographic condition is fulfilledAtomic swaps, Interledger
CombinationBoth time AND condition must be metComplex contractual agreements
02/07·Ripple's 55 Billion XRP Escrow

Ripple's 55 Billion XRP Escrow

December 16, 2017

55,000,000,000 XRP

Locked into cryptographically enforced escrow contracts on the XRP Ledger

Why They Did It

Predictability

Everyone can see exactly when XRP becomes available

Transparency

All escrow transactions are publicly verifiable

Trust

Ripple mathematically cannot access funds early

Supply Ceiling

Hard cap of 1 billion XRP per month

03/07·Monthly Escrow Releases

Monthly Escrow Releases

How It Works

On the 1st of every month, escrow contracts unlock up to 1,000,000,000 XRP. Unlocked ≠ sold.

Keep:200-300M
Re-escrow:700-800M

Historical Pattern

PeriodMonthly PatternNotes
2018–2019~300M used, ~700M re-escrowedEarly escrow period
2020–2021~200-300M used, ~700-800M re-escrowedSEC lawsuit period
2022–2023~200-300M used, ~700-800M re-escrowedConservative approach
20243.22B XRP sold through yearXRP near $0.50 most of year
Jan 2025300M used, 700M re-escrowedRe-locked to March 2028
Feb 2025300M used, 700M re-escrowedStandard pattern
04/07·How Escrow Impacts XRP Price

How Escrow Impacts XRP Price

Max monthly release

1B XRP

Protocol-enforced ceiling

Net monthly increase

200-300M

~0.3-0.5% of circulating supply

Schedule

Fixed

1st of every month

Deflationary offset

14.26M burned

Fees burn XRP permanently

The "Ripple Dumping" FUD

Ripple's actual XRP sales are a fraction of what critics claim. Most institutional sales happen OTC. The net new supply represents ~0.3-0.5% of circulating supply — comparable to Bitcoin's mining inflation. Additionally, RLUSD transactions on the XRPL burn XRP fees, creating deflationary pressure that partially offsets escrow releases.

05/07·Escrow Tracker & Data

Escrow Tracker & Data

Key Numbers (February 2026)

Total XRP Supply100,000,000,000
Circulating Supply~60,000,000,000
In Escrow~33,900,000,000
Burned (fees)~14,260,000
Monthly Unlock1,000,000,000
Typical Re-escrow700-800M
Net Monthly~200-300M

Where to Track

06/07·Common Misconceptions

Common Misconceptions

Ripple dumps 1 billion XRP on the market every month

Reality: Ripple unlocks 1 billion XRP monthly — an automatic, scheduled event. They typically re-escrow 700-800 million immediately. Only 200-300 million enters potential circulation.

Ripple controls XRP and can manipulate the price

Reality: The escrow is enforced at the protocol level. Ripple cannot access escrowed funds early — the code won't allow it.

The escrow will flood the market when it ends

Reality: Because Ripple re-escrows 60-80% each month, the system extends continuously. At current rates, full depletion is many years away.

XRP has infinite inflation

Reality: XRP has a fixed supply of 100 billion. No new XRP can be created. The escrow controls the pace of pre-existing XRP entering circulation. Plus, XRP is deflationary — fees burn XRP permanently.

Escrow unlocks crash the price

Reality: Monthly unlocks are fully predictable and priced in. Data shows no consistent correlation between unlock dates and price drops.

07/07·Frequently Asked Questions

Frequently Asked Questions

Continue Reading

Understanding XRP Supply?

Now that you understand how escrow works, you know XRP's supply is transparent and predictable. Ready to start accumulating?

The Bottom Line

XRP's escrow system is one of the most transparent supply management mechanisms in crypto. After 8+ years of operation, it has delivered exactly what it promised.

Last updated: February 2026