A new debate has emerged in the XRP community after pro-XRP lawyer and commentator Bill Morgan suggested that Ripple should release more XRP from escrow each month instead of locking large amounts back up.
Morgan argued that Ripple’s current approach is slowing down XRP’s path to full circulation. He believes the company should allow more of the one billion XRP unlocked each month to enter the market rather than returning a significant portion to escrow.
Ripple’s escrow system automatically releases one billion XRP at the beginning of every month. However, the company typically uses only part of the unlocked tokens for business operations, liquidity needs, and institutional transactions. The remaining XRP is usually placed back into new escrow contracts.
Because of this process, it remains difficult to predict when all XRP will finally enter circulation. Current estimates suggest around 61.85 billion XRP are already in circulation, while roughly 38.15 billion XRP remain locked in escrow. If Ripple continues relocking large amounts, the process could take nearly another decade to complete.
Morgan believes a faster release schedule would strengthen XRP’s position by allowing the market to reach its final supply sooner. In his view, investors would then be able to evaluate XRP without worrying about future escrow releases hanging over the market.
Not everyone agrees with that idea. Some investors believe releasing more XRP could increase selling pressure and weigh on the price if demand does not grow at the same pace. Others argue that what matters most is not how much XRP is unlocked each month, but how much ultimately stays in circulation.
The discussion comes as XRP continues to trade within a relatively tight range. The token has been holding support near $1.10 but has struggled to break above the $1.20 level. Despite Ripple expanding its business through products such as RLUSD, payment solutions, custody services, and other financial tools, XRP’s price momentum has remained limited.
Ripple CEO Brad Garlinghouse has previously said the company expects strong business growth in the coming years, independent of the XRP held on its balance sheet. This highlights an important point in the current debate: Ripple’s business can continue growing even as discussions about XRP’s long-term supply and escrow strategy continue.
For now, Morgan’s proposal has added fresh discussion to the XRP community, with supporters seeing it as a path toward full circulation and critics warning that a faster release of tokens could create additional market pressure.A new debate has emerged in the XRP community after pro-XRP lawyer and commentator Bill Morgan suggested that Ripple should release more XRP from escrow each month instead of locking large amounts back up.
Morgan argued that Ripple’s current approach is slowing down XRP’s path to full circulation. He believes the company should allow more of the one billion XRP unlocked each month to enter the market rather than returning a significant portion to escrow.
Ripple’s escrow system automatically releases one billion XRP at the beginning of every month. However, the company typically uses only part of the unlocked tokens for business operations, liquidity needs, and institutional transactions. The remaining XRP is usually placed back into new escrow contracts.
Because of this process, it remains difficult to predict when all XRP will finally enter circulation. Current estimates suggest around 61.85 billion XRP are already in circulation, while roughly 38.15 billion XRP remain locked in escrow. If Ripple continues relocking large amounts, the process could take nearly another decade to complete.
Morgan believes a faster release schedule would strengthen XRP’s position by allowing the market to reach its final supply sooner. In his view, investors would then be able to evaluate XRP without worrying about future escrow releases hanging over the market.
Not everyone agrees with that idea. Some investors believe releasing more XRP could increase selling pressure and weigh on the price if demand does not grow at the same pace. Others argue that what matters most is not how much XRP is unlocked each month, but how much ultimately stays in circulation.
The discussion comes as XRP continues to trade within a relatively tight range. The token has been holding support near $1.10 but has struggled to break above the $1.20 level. Despite Ripple expanding its business through products such as RLUSD, payment solutions, custody services, and other financial tools, XRP’s price momentum has remained limited.
Ripple CEO Brad Garlinghouse has previously said the company expects strong business growth in the coming years, independent of the XRP held on its balance sheet. This highlights an important point in the current debate: Ripple’s business can continue growing even as discussions about XRP’s long-term supply and escrow strategy continue.
For now, Morgan’s proposal has added fresh discussion to the XRP community, with supporters seeing it as a path toward full circulation and critics warning that a faster release of tokens could create additional market pressure.
