menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Ripple News

>

Here’s How...
source image

TheCryptoBasic

1M

read

443

img
dot

Image Credit: TheCryptoBasic

Here’s How the US Government Could Take Over Ripple’s XRP Escrow for Reserve Purposes

  • The US government could take control of Ripple's XRP tokens in escrow without the usual unlock process.
  • The possibility of the US government establishing a crypto asset reserve with XRP has been confirmed by President Donald Trump.
  • Ripple could transfer its escrow ownership to the US government or any entity in a single transaction.
  • The transfer would require moving the entire 37.7 billion XRP tokens in escrow, valued at over $100 billion.

Read Full Article

like

26 Likes

For uninterrupted reading, download the app