XRP
Ripple Unlocks 1 Billion XRP from Escrow Valued at Roughly $1.38 Billion
Ripple has carried out its scheduled monthly release of 1 billion XRP, continuing an escrow program established in late 2017.
On September 1, 2026, Ripple released 1 billion XRP from escrow across three separate transactions of 100 million, 400 million, and 500 million tokens. With XRP trading around $1.38, the released tokens were valued at approximately $1.38 billion, bringing Ripple's remaining escrow balance down from roughly 32.28 billion to 31.28 billion XRP.
The distribution is part of a routine schedule launched in December 2017, when 55 billion XRP was placed into smart-contract escrows that unlock up to 1 billion tokens on the first of each month. Historically, Ripple returns between 600 million and 800 million XRP into new escrow contracts each month, leaving an average net circulating increase of 200 million to 300 million XRP to support operations, institutional sales, and liquidity services.
Because the unlocks follow a predetermined schedule, market participants generally view them as anticipated events. XRP traded around $1.38 following the release, down over 8% across seven days, after previously climbing from around $1 in mid-August to reach highs near $1.70.
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