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In its usual manner at the beginning of every month, Ripple unlocked 1 billion XRP from its escrow on May's first day.
Whale Alert reported the 1 billion XRP unlock, which was carried out in four separate transactions of 400 million XRP, 100 million XRP, 200 million XRP, and 300 million XRP.
Ripple introduced the escrow mechanism in 2017, which releases 1 billion XRP monthly and is intended to bring transparency and predictability to XRP supply. Afterwards, any unused portion from the 1 billion XRP released is returned to escrow. While the process is automated and expected, traders still keep a close eye on the releases that shape XRP's supply.
According to XRPScan data, 33,355,032,269 XRP is left in escrow, and a total of 14,331,940 XRP has been burned. XRP has 7,821,048 activated accounts, according to recent XRPScan data.
This month's unlock coincides with a period of activity for the XRP ecosystem with the XRP Las Vegas event ongoing. The event, deemed the largest XRP conference in the world, was held from April 30 to May 1, 2026.
Evernorth recently highlighted an interesting development for XRP supply, which was revealed with 7 billion XRP withdrawn from exchanges in February, the largest monthly outflow since November 2025.
XRP and Ripple news
In recent news, Hana Financial TI, one of Korea's largest banks, has just completed a Korean Won stablecoin PoC on XRP Ledger, testing real-world issuance, distribution, and settlement ahead of incoming regulation.
In a major development, Rakuten Wallet users in Japan can now convert Rakuten Points into XRP, spot trade in the wallet's app and spend across 5 million merchant locations.
This marks one of the largest retail deployments of XRP as a payment method to date, with 44 million Rakuten Pay users and $23 billion in loyalty points now redeemable for XRP.
Ripple recently announced an expansion of its presence in the UAE with the opening of its new Middle East and Africa (MEA) regional headquarters in the Dubai International Financial Centre (DIFC).
Dan Burgin
U.Today Editorial Team
