Over the next 55 months, XNUMX billion Ripple will be introduced on the first of each month
Over the next 55 months, one billion XRP will be introduced to the market, as a strategy to keep the price of Ripple more or less stable, without causing large increases or substantial falls in valuation.
We always talk about cryptocurrencies and focus our interest on Ethereum or Zcash, as well as Bitcoin, the father of all cryptocurrencies. Among some of the most prominent we find XPR, a cryptocurrency developed to make easy payments in emerging markets, allowing you to use this cryptocurrency without problems. Ripple is a currency that cannot be mined, there is a certain amount of these currencies in the market and they can be exchanged for Bitcoin, other cryptocurrencies and for liquid money, either dollars or euros, depending on the country of origin.
The idea of XRP is to create a cryptocurrency that allows equitable distribution and that generates trust, utility and liquidity to the users who use it. Ripple is about four years old and is becoming a currency with considerable weight in the cryptocurrency market. The problem is that it is a currency that, since it is not mineable and partially, all the available currencies, in the market directly, causes certain rumors, which Ripple has wanted to settle. Ripple has no less than 61.68 trillion XRP, which could enter the market at any time. Relax, this will not happen suddenly, they will enter little by little, since if they entered Ripple would lose its value and would become a residual cryptocurrency and that does not matter, since this cryptocurrency is based on the construction and maintenance of a market healthy for XRP.

Ripple announces that they will introduce 55 billion XRP to the market later this year. This allows you to have a guarantee that a large number of these currencies will enter into operation and that they will not negatively affect the current price. XRP allows the implementation of new amounts of cryptocurrencies in the market, within certain time frames of completion or under very specific conditions. To give an example, the trust allows a Ripple issuer to set the exact conditions for making a payment, which is cryptographically blocked until the expiration date arrives.
Likewise, they will develop 55 trust contracts of one billion XRP each, which will expire on the first day of each month in the following months, starting with 'Contract 0' and ending with 'Contract 54'. When this expires, these coins will be available to be traded without major problems. The idea is to offer payment system developers an incentive with an adjusted differential for payments and that at the same time allows investors to operate with it.
Therefore, we know that over the next 55 months, one billion Ripple will be introduced to the market, on the 1st of each month, until all these smart trust contracts are settled. This allows new cryptocurrencies to enter, and does not affect the value at all, first, because we already know that they will be gradually introduced in the market, the date and without surprises, so stability is allowed. This month he has sold 'Contract 0', so there are only 54 of these contracts to be settled.
Source: Ripple
the riple is a scam? as they say over there.
That is absurd. Ripple is more of a cryptocurrency developed as an asset designed for international bank transfers, commerce and the like.
It is centralized… ..what is the grace ?.
No, it is an open source project designed for the transfer of assets with extremely low commissions.
You speak like the ceo of Santander… ..
I wish it were, I wish.