Ripple CTO Confirms Ripple Could Indeed Sell The Rights to Receive XRP Locked Escrow

The Ripple CTO, David Schwartz, has confirmed that the company can sell the rights to receive XRP tokens locked in its escrow accounts

He made this clarification during a community discussion that began after software engineer Vincent Van Code raised questions about how crypto data trackers report XRP’s circulating supply compared to Bitcoin’s.

Pundit Highlights Tracking Bias

Ripple CTO Confirms Ripple Could Sell Escrow Rights

Responding, Schwartz clarified Ripple’s position. He said Ripple can sell the right to receive XRP from escrow or even sell the accounts where those tokens will eventually be released

Nonetheless, he emphasized that the XRP itself cannot enter circulation until the scheduled release dates. His response confirmed that while Ripple can’t use its escrowed XRP early, it can legally transfer or sell the rights associated with it.

For context, data from XRPScan shows that Ripple currently holds around 35 billion XRP in escrow, valued at about $92 billion. This large reserve has persistently led to discussions in the XRP community

Specifically, some pundits have suggested that Ripple could sell the rights to these tokens to institutional buyers. Meanwhile, others have speculated about the company possibly transferring the tokens to the U.S. government to establish an official XRP reserve.

Schwartz’s comments add weight to these speculations by confirming that such transactions are technically possible, even if Ripple has not confirmed any plans to pursue them

Moreover, with Evernorth planning to buy $1 billion worth of XRP to create an XRP reserve, Ripple noted it would support the effort but failed to leverage its escrow tokens. Interestingly, pundit Nietzbux speculated that this might be because Ripple has already sold the rights to much of its escrow to institutional investors.