Ripple (XRPUSD)

[stockvaper]

XRP is not limitless. It just appears that way to those who are not aware of the mechanics of the ledger.

An Explanation of Ripple’s XRP Escrow

"To provide additional predictability to the XRP supply, Ripple has locked 55 billion XRP (55% of the total possible supply) into a series of escrows. These escrows are on the ledger itself and the ledger mechanics, enforced by consensus, control the release of the XRP.

The escrow consists of independent on ledger escrows that release a total of one billion XRP each month over the next 55 months. This provides an upper limit on the amount of new XRP that can be brought into circulation. The amount of XRP actually released into circulation will likely be much less than this. Any additional XRP leftover each month will be placed into a new escrow to release in the first month in which no escrow currently releases.

During the process of moving Ripple’s XRP into escrow, we also changed our account security model. The XRP Ledger supports a native multisign scheme and Ripple secured the accounts the escrows release into using this scheme.

The multisignature scheme has numerous advantages over the schemes other ledgers use. For example, the signers or quorum can be changed without changing the receiving address. Individual signers can rotate their own credentials without disturbing the funds on the ledger."
https://xrpl.org/blog/2017/explanation-of-ripples-xrp-escrow.html

Thus there are no excess XRP. They have all been allocated. Did you read my post #8654? XRP Holder Accumulation Is Growing Significantly