Ripple Whitepaper [pdf]

Ripple offers global payment and financial solutions for businesses. XRP is the native coin of Ripple blockchain.

Ripple (XRP) Tokenomics Overview
Aspect	Details
Total Supply	100 billion XRP created at genesis (2012). No new issuance possible.
Circulating Supply	~54–57 billion XRP (as of mid-2026).
Escrow Holdings	~38–43 billion XRP locked in Ripple’s escrow accounts. Released at 1 billion/month since Dec 2017; unused amounts re-escrowed.
Ripple Corporate Holdings	~5–6 billion XRP outside escrow, used for operations and partnerships.
Founders’ Allocation	20 billion XRP at launch (Jed McCaleb ~9B, Chris Larsen ~5.19B, Arthur Britto remainder). Structured selling agreements apply.
Burn Mechanism	Transaction fees (10 drops = 0.00001 XRP) are permanently destroyed. ~4–5 billion XRP burned to date. Daily burn ~10,000–15,000 XRP.
Use Cases	• Transaction fees (anti-spam) • Bridge currency in On-Demand Liquidity (ODL) • Reserve requirement (10 XRP minimum per account).
Governance	No governance token role. Protocol changes via XRPL amendment process requiring 80% validator approval over 2 weeks.
Deflationary Pressure	Supply decreases over time due to burns. Higher adoption → faster deflation.