Current data from the Ledger shows 14,180 escrow contracts holding 35,045,906,769 tokens, representing roughly 35% of the cryptocurrency’s total supply of 100,000,000,000 tokens. Notably, Schwartz’s revelation throws new light on how escrowed tokens can be leveraged, opening up new ways to utilize their value without releasing them.
Van Code agreed with XRP Ocean, explaining further that Ripple and other major players are actively investing in the altcoin from the open market, rather than through escrow. This is because tokens in escrow are intended for permissioned domains, liquidity pools, and transfers between institutional participants, rather than retail exchanges.
