Ripple announced that it will retain 25% of the total XRP, leaving only 75 billion coins in circulation. This move effectively amounts to a 25% reduction in supply without the need for an actual burn.
🔥 The importance of the step:
• Better market control: Reducing the available supply can lead to a stronger currency value.
• Long-term sustainability: Holding a large portion of XRP reflects Ripple's commitment to its future plans.
This move boosts confidence in the Ripple project and may encourage investors in the long run.