Friday, May 17, 2019 12:42:33 PM
If xrp shot up to $1, they wouldn’t need as much xrp to fund those uses for the same value and would prolong how long their supply is locked up.
So if xrp really takes off and sustains higher prices, more goes back into escrow and pushed out another 5 years. It could take a long time for ripple to burn through it all unless if the demand was so high that they need the billion regardless of price.
That kind of demand would come if it really were to replace Swift, or if IMF/governments and central banks wanted to use it to process billions of cross boarder transactions a day.
Recent XRPUSD News
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- XRP Bears Keeps Pushing, Indicators Suggest A Strengthening Case of More Losses • NEWSBTC • 05/13/2024 06:18:28 AM
- It’s ‘clear’ the US government is going after Tether: Ripple CEO • Cointelegraph • 05/13/2024 05:03:45 AM
- Ripple CEO Garlinghouse Predicts SEC Losing In The Long Run In Fight Against Crypto • ZyCrypto • 05/12/2024 08:05:42 PM
- Ripple’s XRP Architect David Schwartz Explains His 40,000 ETH ICO Purchase and Missed Fortunes • ZyCrypto • 05/12/2024 07:43:04 PM
- XRP On A Sinking Ship? Why Altcoin’s Price Continues To Plunge • NEWSBTC • 05/12/2024 05:00:17 PM
- SEC, Ripple case nears conclusion, Grayscale withdraws ETF filing, and more: Hodler’s Digest, May 5-11 • Cointelegraph • 05/11/2024 08:25:23 PM
- ‘Sleeping Giant’ XRP About To Awaken — Why Ripple’s XRP $5 Eruption Price Now Looks Nigh • ZyCrypto • 05/10/2024 09:32:02 PM
- SEC Shreds Ripple’s $10 Million Olive Branch, Issues $2 Billion Ultimatum in XRP Lawsuit • ZyCrypto • 05/10/2024 07:55:23 PM
- Crypto Analyst Says XRP Price Can Break Out From Falling Pennant, But Can It Reach $1? • NEWSBTC • 05/10/2024 07:30:01 PM
- Price analysis 5/10: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB • Cointelegraph • 05/10/2024 06:05:49 PM
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- XRP Price Consolidates Below $0.530: What Could Trigger More Losses? • NEWSBTC • 05/10/2024 04:28:34 AM
- Pro-XRP Lawyers Predict Ripple Will Lose Motion Against SEC Even as XRP Army Anticipates $3 High • ZyCrypto • 05/09/2024 08:55:56 PM
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- Ripple, XRPL Labs join Algorand Foundation as founding members of Decentralized Recovery Alliance • Crypto Briefing • 05/09/2024 07:10:05 PM
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- Tokenization to unlock interoperability across payments, investments • Cointelegraph • 05/09/2024 05:25:00 PM
- What Triggered The 6,350% Spike In XRP Long Liquidations Compared To Shorts? • NEWSBTC • 05/09/2024 03:00:17 PM
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- Ripple’s Planned Stablecoin Is an ‘Unregistered Crypto Asset,’ According to SEC • The Daily Hodl • 05/08/2024 10:01:34 PM
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