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The Crypto Basic
2023-04-17 08:26:55

Ripple CTO Confirms Ripple Sells XRP to Reduce its Holdings

Ripple CTO Confirms Ripple Sells XRP to Reduce its Holdings

The top two single-largest XRP wallets belong to Ripple. David Schwartz, CTO at Ripple, has confirmed that Ripple generates the most revenue from selling its XRP holdings. According to Schwartz, this strategic move also aims to reduce the company’s XRP holdings, further contributing to decentralization. In a recent thread of tweets, Schwartz confirmed this by The post Ripple CTO Confirms Ripple Sells XRP to Reduce its Holdings first appeared on The Crypto Basic .

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