Ripple unlocked 300 million XRP from escrow today, valued at $446.7 million, as part of its systematic monthly release mechanism that returns 1 billion XRP at the start of each month.
The unlock follows Ripple's established escrow protocol—first implemented in 2017—which locks and gradually releases supply to manage circulation predictability. Any portion of the monthly 1 billion XRP not allocated returns to escrow. According to XRPScan data, 33.4 billion XRP remains in escrow. The XRP Ledger supports 7.8 million activated accounts, with 14.3 million XRP permanently removed through burning.
Supply dynamics are shifting sharply. In February, 7 billion XRP moved off exchanges in the largest monthly outflow since November 2025—a signal that holders are moving XRP into self-custody and off trading platforms.
The escrow release coincides with material ecosystem wins. Rakuten Wallet users can now convert Rakuten Points directly into XRP and spot trade it within the app. The integration taps 44 million Rakuten Pay users and $23 billion in loyalty points—a direct on-ramp to retail adoption that bypasses exchanges entirely. Users can spend XRP across 5 million merchant locations.
In Korea, Hana Financial TI completed a proof-of-concept for a Korean Won stablecoin on the XRP Ledger, testing real-world issuance, distribution and settlement ahead of regulatory approval.
Ripple opened a new regional headquarters in Dubai's International Financial Centre, expanding operational footprint in a core growth market for digital assets.
XRP trades at $1.49, up 0.1 percent in 24 hours. For traders monitoring supply mechanics, the combination of controlled monthly unlocks, rising exchange outflows and expanding institutional and retail integrations sets the parameters for next-month price action.
