00:00Did you know that all the XRP that will ever exist has already been created?
00:04When XRP launched, it added 100 billion tokens to the XRPL, which was actually called XNS at the time, and then Ripple's, and now XRP.
00:14But that doesn't mean that that's all that's available.
00:16About half of that supply is tied up in an escrow that's automatically released.
00:20Each month, 1 billion XRP moving onto the market, which Ripple controls.
00:24Any unused XRP is re-escrowed at the end of that escrow and put back to be released beyond 2027.
00:33This mechanism ensures a predictable and controlled supply release, which is essential for the health of the ecosystem.
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