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Bill Morgan Defends Ripple’s XRP Escrow as Key to Its Market Price Stability
- Lawyer Bill Morgan says XRP escrow supports price stability, not suppression.
- Ripple’s 1B monthly XRP release has been a predictable “non-event” for years.
- The SEC lawsuit evidence backs escrow as a pro-market, not anti-market, tool.
Lawyer Bill Morgan has defended Ripple’s XRP escrow system by referencing CEO Brad Garlinghouse’s August 2017 explanation of its benefits for supply predictability and market trust. Morgan’s comments address ongoing criticism about monthly escrow releases. He stressed that the mechanism was designed to support rather than suppress XRP prices.
The debate originated when analyst CrediBULL Crypto posted analysis suggesting XRP might outperform Ethereum after meeting downside targets. An X user questioned Ripple’s monthly release of 1 billion XRP from escrow. This prompted CrediBULL to explain that these releases have occurred regularly for years as a “non-event.”
Garlinghouse explained the benefits of the escrow 8 years ago:
* supply predictability;
* trusted XRP markets.
Even after eight years, if you do not agree with him, there are scores of compelling reasons why the release of XRP from escrow provides no helpful explanat…
The post Bill Morgan Defends Ripple’s XRP Escrow as Key to Its Market Price Stability appeared first on Coin Edition.
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