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Ripple has carried out another scheduled XRP escrow release, according to Whale Alert. The unlock moved 1 billion XRP across three transactions. Ripple released 500 million XRP first, then 400 million XRP, and finally 100 million XRP. The total value reached about $1.33 billion.
The XRP Ledger keeps a fixed maximum supply of 100 billion tokens. Binance market data from early June 2026 puts circulating supply at about 61.85 billion XRP. That leaves roughly 38.15 billion XRP still locked in Ripple’s escrow.
The company usually re-escrows most of the monthly unlock. It keeps only a small share of the released XRP. That process makes the final emptying date of the escrow harder to pin down.
Ripple’s latest release followed its standard monthly pattern. Whale Alert tracked the three transfers on-chain. The largest transfer moved 500 million XRP, worth about $666.07 million.
The second transfer unlocked 400 million XRP, worth about $532.86 million. The final transfer released 100 million XRP, worth about $133.21 million. Together, the three transactions matched the usual one billion XRP monthly schedule.
Ripple has not emptied the escrow. Instead, it keeps returning much of the unlocked supply back into escrow. That practice extends the release schedule and delays full circulation.
Could Ripple burn the remaining escrow and cut supply at once? David Schwartz has said Ripple returns any XRP it does not expect to need, want, or use back into escrow.
He also said the company could keep the locked tokens out of circulation by acting on its own. Schwartz added that Ripple could mimic the effect of selling escrow by transferring control of the account.
Brad Garlinghouse has also shown openness to burning XRP held in escrow, according to prior reporting by U.Today. Still, Schwartz has argued that a large burn would not automatically lift price. He pointed to Stellar’s burn of 55 billion XLM and said the move only caused a short-lived spike.
Read More: XRP Breaks Below $1.30 as Ripple Banking Plans Draw Fresh Attention
Ripple Senior Executive Officer Reece Merrick also drew attention to Turkey’s crypto market before Istanbul Blockchain Week. On May 31, he said Turkey leads crypto adoption in MENA and ranks among the highest globally.
Merrick said Turkey handled about $200 billion in crypto transaction volume over the past year. He added that the country stands about four times ahead of the UAE. That gap places Turkey as the region’s largest crypto market.
Chainalysis backed that view in its 2025 Geography of Cryptocurrency Report. The firm said Turkey led MENA with nearly $200 billion in annual crypto volume, while the UAE recorded $53 billion. It also said speculation drives much of Turkey’s activity, alongside inflation pressure and demand for alternative financial infrastructure.
Ripple’s escrow releases and Turkey’s rising market scale now sit at the center of two related crypto stories. The question remains whether Ripple will keep extending the escrow system or take a different route with its locked XRP.
Ripple unlocked 1 billion XRP in three scheduled transfers, while most of the supply remained locked in escrow. David Schwartz said Ripple can return unused XRP to keep it out of circulation. At the same time, Turkey strengthened its position as the leading crypto market in MENA.
