In recent statements, lawyer Bill Morgan commented on Ripple's escrow mechanism and its effect on XRP price, debunking manipulation allegations.
Ripple Escrow: Mechanics and Objectives
In 2017, Ripple implemented the escrow mechanism to ensure market stability by locking 55 billion XRP. Each month, one billion XRP gets issued in two releases. This practice was reiterated in July 2025 when 500 million XRP were unlocked.
Analysis of XRP Price Surge
Bill Morgan highlighted that the recent rise in XRP price from $0.50 to $3, a 600 percent increase, indicates that high escrow liquidity does not harm market dynamics. He cited data showing the sharp increase during high escrow releases between November 2024 and February 2025 as evidence against manipulation myths.
Legal Protection of the Escrow Mechanism
Morgan also dispelled rumors about the U.S. government potentially seizing Ripple's escrow, deeming them legally unfounded. He stressed that returning unused tokens back to escrow confirms the company's responsible behavior and supports an open market.
Bill Morgan's defense of Ripple's escrow mechanism underscores the importance of transparency and accountability in cryptocurrency management. With growing regulatory support and positive market trends, criticism of the model continues to lose ground.