Ripple CTO David Schwartz unveils method to burn 40.7 billion XRP in escrow

In a recent statement, Ripple’s Chief Technology Officer, David Schwartz, explained the potential burning of over 40.7 billion XRP currently held in escrow accounts. This move comes as a response to the growing inquiries and concerns from the XRP community regarding the management and influence of Ripple over the cryptocurrency’s market dynamics. Schwartz’s clarification sheds […] source: https://www.cryptopolitan.com/david-schwartz-unveils-method-to-burn-40-7b/