The digital asset for real-world utility

In 2012 David Schwartz, Jed McCaleb, and Arthur Britto launched the XRP Ledger, with its native currency XRP. In September that year, along with Chris Larsen, they founded the company that is today known as Ripple.

The XRPL architects gifted 80 billion XRP to Ripple so that the company could build use cases around the digital asset.

Ripple reports information about its XRP holdings on the last day of the quarter. Its holdings fall into two categories: XRP that it currently has available in its wallets, and XRP that is subject to on-ledger escrow lockups that will be released each month over the next 42 months.

TOTAL XRP HELD BY RIPPLE: 4,740,364,374
TOTAL XRP SUBJECT TO ON-LEDGER ESCROW: 35,900,000,005*
*As of July 31, 2025.

Unlike proof-of-work or proof-of-stake blockchains, the XRPL uses a consensus protocol, in which servers called validators come to an agreement on the order and outcome of XRPL transactions every 3-5 seconds.

XRPL’s diverse list of validators helps ensure its long-term health and consensus among different market participants to secure the XRPL. Learn more about how it works at XRPL.org.

If you’re looking to get started building on the XRP Ledger, check out XRPL.org, where you’ll find comprehensive documentation, training, and support for developing on the XRPL.