XRP Advocate Says Ripple Made a Huge Mistake With Its Escrow

Ripple’s handling of its massive XRP escrow is once again under scrutiny, but this time the criticism comes with an unusual argument: Ripple might have been better off getting rid of the entire escrow years ago. XRP advocate and attorney Bill Morgan criticized the way Ripple has managed the supply locked in escrow since 2017. His argument is simple. Instead of releasing up to 1 billion XRP every month and repeatedly locking much of it back up, Ripple could have allowed the full monthly amount to enter circulation until the original 55 billion XRP allocation was exhausted.