Ripple Unlocks 1,000,000,000 XRP From Escrow Amid Rumors of Circle Acquisition
By: bitcoin ethereum news|2025/05/03 16:30:01
0
Share
San Francisco-based blockchain infrastructure company Ripple has released its standard allotment of 1 billion XRP from escrow for May 2025. Ripple unlocked all 1 billion XRP from escrow in three separate transactions in the late hours of yesterday. For the first transaction, Ripple unlocked 200 million XRP ($440.52 million) at 22:28 (UTC) to one of its addresses labeled Ripple (26). The company released another 300 million XRP ($660.86 million) from escrow to the same Ripple (26) address a minute later. At 22:31 (UTC), the company unlocked another 500 million XRP worth $1.1 billion to a separate address, tagged Ripple (27). Overall, it released 1 billion XRP ($2.2 billion) from escrow for May 2025, with Ripple (26) receiving 500 million XRP in two tranches and Ripple (27) getting 500 million XRP in one transaction. At the time of publication, each address had a balance of 500 million XRP. Ripple Locks 700M XRP in May 2025 The latest transaction comes exactly 24 hours after Ripple shuffled 1 billion XRP, with 700 million of these tokens sent to escrow. As previously reported, both Ripple (26) and Ripple (27) were involved in the May 1 transaction. Specifically, Ripple (26) moved 500 million XRP to two addresses, Ripple (1) and Ripple (14), with each receiving 300 million XRP and 200 million XRP, respectively. On the other hand, Ripple (27) sent 500 million XRP to three different addresses labeled Ripple (14), Ripple (15), and Ripple (51). While Ripple (14) received 300 million XRP from Ripple (27), Ripple (15) and Ripple (51) collected 30 million XRP and 170 million XRP, respectively. Following the transactions, Ripple (14) locked 500 million XRP in escrow. Ripple (15) and (51) followed suit by locking the 200 million XRP they both received from Ripple (27) in escrow. This brings the total number of XRP locked in escrow this month to 700 million XRP. Previously, Ripple usually released its standard 1 billion XRP from escrow before re-locking 700 million back. However, the company changed this practice in recent months. Now, it first locks the 700 million XRP in escrow before releasing the 1 billion XRP. The 300 million XRP balance is used for different purposes, including providing liquidity on exchanges. Ripple Reportedly Moves to Acquire Circle Meanwhile, the recent development coincides with reports that Ripple is seeking to acquire USDC stablecoin issuer Circle. The reports suggested that Circle rejected Ripple’s initial offer of $5 billion, prompting the blockchain infrastructure company to raise its bid to $20 billion. However, several crypto stakeholders, including Dom Kwok, co-founder of Web3 education startup EasyA, refuted the $20 billion claim, noting that the offer is implausible. In the meantime, Ripple and Circle have not confirmed whether they are negotiating a deal. Nonetheless, the reports align with Ripple’s commitment to prioritize acquisition over IPO. DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses. Source: https://thecryptobasic.com/2025/05/03/ripple-unlocks-1000000000-xrp-from-escrow-amid-rumors-of-circle-acquisition/?utm_source=rss&utm_medium=rss&utm_campaign=ripple-unlocks-1000000000-xrp-from-escrow-amid-rumors-of-circle-acquisition
You may also like
From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?
The revenue from consumer applications on Solana is no longer solely reliant on meme coin issuance, but is gradually spreading to more consumption scenarios.
Looking at Stripe's ambitions and the future of stablecoins from OUSD
Stripe enters the stablecoin network battle with OUSD, a comprehensive look at the third paradigm evolution of digital dollars and the new infrastructure for global payments in the AI era.
Do you want to buy CRCL?
A detailed breakdown of Circle's business fundamentals and valuation logic: The panic over OUSD and the market correction have triggered a short-term mispricing, presenting an opportunity for left-side positioning and legislative speculation below $60.
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...
The most secretive AI winner
A century-old company that sells toilets and produces MSG has seen its stock price soar by "positioning" core materials for AI chips. This article clarifies the explosive opportunities for domestic substitution of semiconductor materials in the A-share market.
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
The competition logic of exchanges has changed.
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
OUSD was jointly launched by more than 140 giants, causing Circle's stock price to plummet in a single day. Circle's CEO personally wrote a response, clarifying USDC's moat from three aspects: network effects, liquidity, and regulation, and dismantling OUSD's three selling points of "free redemption...
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
WEEX Launches Depth Chart for Spot Trading
WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.
Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths
The rebound in BTC prices can make all problems simple.
Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline
Overview of Important Market Events on June 29
In the era of AI, what is left of Bitcoin?
AI can generate a fake image, create a fake video, and even forge a person's voice. But it cannot make the entire Bitcoin network acknowledge a non-existent transaction out of thin air.
NeoSoul announced plans to integrate with the OKX Agentic Wallet, promoting AI agents' participation in the on-chain economy
After the integration is complete, the AI entity will be able to manage on-chain assets, pay service fees, and perform related on-chain operations.
Why Is Bitcoin Lagging Stocks in 2026? AI Stocks, ETF Outflows, and the Nasdaq Rally Explained
Stocks are hitting record highs while Bitcoin continues to lag. Discover why AI stocks are attracting institutional capital and what it means for crypto traders.
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...
From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?
The revenue from consumer applications on Solana is no longer solely reliant on meme coin issuance, but is gradually spreading to more consumption scenarios.
Looking at Stripe's ambitions and the future of stablecoins from OUSD
Stripe enters the stablecoin network battle with OUSD, a comprehensive look at the third paradigm evolution of digital dollars and the new infrastructure for global payments in the AI era.
Do you want to buy CRCL?
A detailed breakdown of Circle's business fundamentals and valuation logic: The panic over OUSD and the market correction have triggered a short-term mispricing, presenting an opportunity for left-side positioning and legislative speculation below $60.
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...
The most secretive AI winner
A century-old company that sells toilets and produces MSG has seen its stock price soar by "positioning" core materials for AI chips. This article clarifies the explosive opportunities for domestic substitution of semiconductor materials in the A-share market.
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
