According to Q1 report Enterprise Blockchain Company, a previously published San Francisco today by Ripple, acquired 4.56 billion XRP chips as of March 31. This means a 1.7% growth compared to the previous quarter (4.48 billion chips).
Meanwhile, the number of chips that has been kept in the event of a ting point has decreased by 2.3% from 38 billion to 37.1 billion.
Ripple releases the signs of TingdePown monthly. If reported u.todayThe company opened another billion XRP on May 3. It is worth noting that the company also tends to return a significant part of the newly released chips to the point of display, reducing the offer entering the market.
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According to Coingecko, XRP is currently trading for $ 2.15. At the current price, the total number of chips controlled by Ripple is $ 98.6 billion.
If reported u.todayBitwise President Teddy Fusaro recently stated that Ripple could potentially buy many cryptocurrencies with their huge XRP parts.
The company Q1 report mentions the recent acquisition of Hidden Road, the Prime Minister's main company.
Ripple is also known to be interested in acquiring Circle, a prominent payment company behind the popular USDC Stablecoin.
