What Is Escrow?
In 2017, Ripple locked 55B XRP in cryptographic escrow. 1B released monthly. Unused portions re-escrowed.
Monthly Schedule
1st of each month: 1B unlocks. Ripple uses 100-300M for OTC, re-locks rest for 48 months.
Remaining
~39.8B remains. Continues through early 2030s.
Price Impact
Releases are predictable and priced in.