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Ripple’s Chief Technology Officer, David Schwartz, has clarified that the company has the legal ability to sell or transfer the rights to receive XRP currently locked in its escrow accounts. His comments came in response to a community debate about how circulating supply is calculated for different cryptocurrencies. The discussion began after software engineer Vincent Van Code questioned why major crypto-tracking platforms, such as CoinMarketCap, exclude Ripple’s escrowed XRP from circulation figures while counting all Bitcoin, including those believed to be in Satoshi Nakamoto’s dormant wallets. Van Code argued that this approach creates a double standard. He noted that if CoinMarketCap excluded the one million BTC presumed to belong to Satoshi, Bitcoin’s total market capitalization would decrease by roughly 15%. In contrast, XRP’s market cap is based on about 60 billion tokens in circulation rather than the total 65 billion, which currently values the asset at $157 billion with a price of $2.62 per token instead of $170 billion. Ripple could sell the right to receive the tokens released from escrow or even sell the accounts the escrows complete into. But the XRP still can`t circulate until their release dates. — David `JoelKatz` Schwartz (@JoelKatz) October 27, 2025 Another participant responded that Bitcoin’s figures include all mined coins because, theoretically, they can be sold at any time. This raised the question of whether Ripple’s escrowed XRP could be treated the same way and if Ripple could liquidate those holdings before their scheduled release dates. Schwartz Confirms Ripple’s Legal Flexibility Addressing the issue, Schwartz confirmed that Ripple can sell or assign the rights to receive XRP that is currently locked in escrow. He clarified, however, that the XRP tokens themselves cannot be accessed or enter circulation until the monthly release schedule allows it. According to Schwartz, Ripple could sell the accounts linked to future escrow releases or the contractual rights to those tokens, but such transactions would not immediately affect XRP’s circulating supply. His explanation provided rare insight into how Ripple can legally structure agreements involving its escrowed holdings. Implications for Market Transparency Public records from XRPScan show that Ripple controls approximately 35 billion XRP in escrow, valued at around $92 billion. The existence of these holdings has long sparked debate within the XRP community about Ripple’s influence over market supply and future liquidity. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Schwartz’s statement has reignited discussions about potential institutional involvement. Some community analysts have speculated that Ripple may already have agreements in place to sell or allocate rights to parts of its escrow, particularly to major financial institutions. Others have suggested that these rights could even be used to back future partnerships or reserves involving government or private entities. Ongoing Speculation Around Ripple’s Strategy These comments follow reports about Evernorth’s plan to acquire $1 billion worth of XRP to establish an XRP reserve. Ripple expressed support for the initiative but did not specify whether the escrow holdings would be used for it. Market watcher Nietzbux suggested this might be because Ripple has already sold portions of its escrow rights to institutional buyers, although the company has made no public confirmation of such deals. Schwartz’s clarification ultimately reinforces that while Ripple cannot bypass its escrow mechanism, it retains considerable flexibility in managing the financial rights tied to those future token releases. This nuance could have important implications for how market participants interpret XRP’s supply metrics and Ripple’s long-term financial strategy. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Ripple CTO David Schwartz Drops Bombshell On Escrow XRP appeared first on Times Tabloid .
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Asia Morning Briefing: Bitcoin Holds Ground as Traders Sit on Stablecoins Before Fed Decision
The market is confident that the Fed will cut rates. But crypto traders are still waiting for confirmation. TimesTabloid
Spacecoin Airdrop: Don’t Miss the Crucial Season 2 Snapshot on Nov. 4!
BitcoinWorld Spacecoin Airdrop: Don’t Miss the Crucial Season 2 Snapshot on Nov. 4! The cryptocurrency world is buzzing with anticipation for the upcoming Spacecoin airdrop . For holders of CTC, November 4th marks a pivotal date as Spacecoin (SPACE), the innovative decentralized satellite-based internet project, prepares to take its Season 2 airdrop snapshot. This event is a significant moment for the community, offering a substantial distribution of SPACE tokens and highlighting the project’s ongoing development towards a truly global and accessible internet. What’s the Buzz About the Spacecoin Airdrop Season 2? Spacecoin aims to revolutionize internet access through a decentralized, satellite-based network. Its Season 2 airdrop is strategically designed to reward early supporters and active community members who believe in its ambitious vision. The crucial snapshot will occur on November 4 at approximately 1:57 a.m. UTC. To be precise, this corresponds to Ethereum block height 23,722,777. For those participating via the Creditcoin network, the block from the same timestamp will serve as the official reference point for eligibility. This isn’t just a small token giveaway; the Season 2 airdrop will distribute a generous 6% of the total SPACE supply as rewards. This substantial allocation underscores Spacecoin’s unwavering commitment to its community and its vision for a truly decentralized future. Understanding the precise eligibility criteria is paramount to ensuring you don’t miss out on these potentially valuable tokens. Who is Eligible for the Spacecoin Airdrop Rewards? Eligibility for the Spacecoin airdrop extends to several key groups within the ecosystem, ensuring broad participation and reward for various forms of engagement. If you’re a CTC holder, an ecosystem NFT holder, or have participated in previous airdrop events, you might be in line for rewards. Here’s a detailed breakdown: CTC Holders: If you hold CTC tokens on supporting exchanges or in registered wallets, you are likely eligible. It is absolutely vital to ensure your holdings are in a recognized and compliant location before the snapshot. Always verify with official Spacecoin announcements for a list of supported platforms. Ecosystem NFT Holders: Those who possess specific NFTs associated with the Spacecoin ecosystem also qualify. These NFTs often signify deeper engagement and long-term commitment to the project’s growth and development. Airdrop Event Participants: Individuals who have previously engaged in Spacecoin’s prior airdrop events are also included, recognizing their consistent support and participation over time. The specific schedule for claiming these rewards and their subsequent distribution through various exchanges will be announced at a later date. We strongly advise keeping a close watch on Spacecoin’s official communication channels for these essential updates. Beyond the Airdrop: Spacecoin’s Ambitious Satellite Launch While the Spacecoin airdrop generates significant community excitement, it is intrinsically linked to a much larger, ambitious strategic objective. Spacecoin plans to launch a constellation of three satellites in November. This physical infrastructure is not merely a symbolic gesture; it is fundamental to its core mission of providing decentralized, satellite-based internet across the globe. This move from theoretical development and whitepaper promises to tangible, real-world deployment signifies a monumental milestone for the project. The successful launch of these satellites will propel Spacecoin closer to its ultimate goal of offering global internet access that is inherently censorship-resistant, resilient, and accessible to everyone, regardless of their geographical location. This technological leap has the profound potential to reshape how we think about global connectivity, especially in underserved and remote regions, fostering digital inclusion on an unprecedented scale. Preparing for Your Spacecoin Airdrop: Actionable Steps To ensure you’re fully prepared and ready to receive your rewards from the Spacecoin airdrop , there are a few crucial and proactive steps you must take. First and foremost, meticulously verify that your CTC holdings are either in a registered, non-custodial wallet that you control or on an exchange that Spacecoin officially supports for this specific airdrop. If you are an NFT holder, confirm your NFTs are securely stored in an accessible wallet that you own. Stay rigorously informed by regularly checking Spacecoin’s official announcements across their verified social media channels and website. This is where all critical details regarding reward claims, distribution schedules, and any necessary actions will be published. Security in the crypto space is absolutely paramount; always double-check URLs, verify information sources, and be wary of phishing attempts to avoid scams. Your vigilance in protecting your digital assets is your top priority. Conclusion: A Future Forged in Space The upcoming Spacecoin airdrop snapshot on November 4th is far more than just a distribution of tokens; it’s a powerful testament to Spacecoin’s remarkable progress and its unwavering commitment to fostering a truly decentralized future. With a significant 6% of its total supply allocated to community rewards and the ambitious, groundbreaking launch of three satellites planned for November, Spacecoin is rapidly advancing its visionary mission of establishing a satellite-based internet. This pioneering project represents a bold and transformative step towards a more connected, equitable, and resilient world, powered by cutting-edge blockchain technology and space innovation. Frequently Asked Questions (FAQs) Q1: What is the exact date and time for the Spacecoin airdrop snapshot? A1: The snapshot for the Season 2 Spacecoin airdrop will occur on November 4th at approximately 1:57 a.m. UTC. This corresponds to Ethereum block height 23,722,777. Q2: How much of the total SPACE supply is being distributed in this airdrop? A2: A generous 6% of the total SPACE supply will be distributed as rewards during the Season 2 airdrop. Q3: How can I ensure my CTC holdings are eligible? A3: Ensure your CTC tokens are held in a registered wallet that you control or on an exchange officially supported by Spacecoin. Always consult Spacecoin’s official announcements for the most accurate and up-to-date list of supported platforms. Q4: When will I be able to claim my Spacecoin airdrop rewards? A4: The schedule for claiming rewards and their distribution through exchanges will be announced at a later date by Spacecoin. It is crucial to monitor their official communication channels for these updates. Q5: What are Spacecoin’s plans beyond this airdrop? A5: Spacecoin has ambitious plans to launch a constellation of three satellites in November. This initiative is central to their mission of establishing a decentralized, satellite-based internet network. If you found this guide to the upcoming Spacecoin airdrop informative, please consider sharing it with your network! Help your friends and fellow crypto enthusiasts stay informed about this exciting opportunity and Spacecoin’s innovative journey. Share on Twitter, Facebook, or your favorite crypto communities! To learn more about the latest crypto market trends, explore our article on key developments shaping altcoins price action . This post Spacecoin Airdrop: Don’t Miss the Crucial Season 2 Snapshot on Nov. 4! first appeared on BitcoinWorld . TimesTabloid
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