Ripple CTO Asserts Falling XRP Prices Won’t Trigger More Token Sales

Recent discussions have arisen regarding Ripple's handling of its XRP reserves amid price declines and a potential shift in business strategy with the introduction of the RLUSD stablecoin. Concerns focus on whether lower XRP prices might compel Ripple to sell more tokens.

Key Points

  • Ripple CTO David Schwartz addressed concerns, stating that falling XRP prices do not force the company into additional token sales.
  • Schwartz emphasized that Ripple's revenue structure now allows it to operate independently of market conditions.
  • Ripple's income historically relied heavily on controlled XRP sales, overshadowing revenue from enterprise products like RippleNet.
  • The escrow program manages XRP supply by releasing 1 billion tokens monthly, with most returned to escrow, minimizing market impact.
  • Despite current reliance on XRP sales, Ripple is exploring new income channels to diversify revenue sources.

An image of the XRP price chart is included:

XRP price chart from Tradingview.com