Ripple reports XRP holdings below 50% for the first time

Cointelegraph

Published Oct 28, 2022 01:01AM ET

Updated Oct 29, 2022 03:00AM ET

Ripple Lab’s XRP (XRP) token holdings have dropped below 50% of the total circulating supply for the first time in the company’s history.

Ripple has faced criticism in the past by some that have raised questions over the firm’s significantly large ownership of XRP, arguing that it gives the company centralized control over its XRP Ledger (XRPL).

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