Here’s Why Ripple is Buying $1B in XRP Instead of Just Using Its Escrow

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The Crypto Basic 10 hours ago 162

Here’s Why Ripple is Buying $1B in XRP Instead of Just Using Its Escrow

Nietzbux, an XRP community pundit, has shared his theory on why Ripple has decided to lead efforts to buy XRP instead of using its escrow balance. For context, Bloomberg recently reported that Ripple was looking to lead a fundraising effort in an attempt to raise up to $1 billion for the purchase of XRP tokens.

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