Yes, a small amount of XRP is burned with every transaction (currently 0.00001 XRP minimum). Over 10 million XRP has been permanently destroyed since launch, making XRP slightly deflationary.

XRP Supply Breakdown

Q: What is the total supply of XRP?

XRP has a fixed maximum supply of 100 billion tokens. All 100 billion were created at launch in 2012. No new XRP can ever be minted - there is no mining or inflation.

Q: How much XRP is in circulation?

Approximately 57 billion XRP is in circulation as of 2026. The remainder is held by Ripple in escrow (~42 billion) or has been burned through transaction fees.

Q: How much XRP does Ripple own?

Ripple holds approximately 42 billion XRP in escrow. Each month, 1 billion XRP is released from escrow, and any unused portion is returned to escrow for another 55 months.

Q: Can more XRP be created?

No. Unlike Bitcoin which is mined over time, all 100 billion XRP were created at genesis. The protocol does not allow new XRP to be minted. Supply can only decrease through burning.

Total supply, circulating, escrow, and burned tokens

Maximum Supply

100B XRP

Fixed forever - no new XRP can be created

Circulating Supply

~57B XRP

57% of total supply

Ripple Escrow

~42B XRP

42% held in cryptographic escrow

Burned (Destroyed)

~11M XRP

Permanently destroyed via fees

Supply Distribution

57%

42%

Circulating (57B)

Escrow (42B)

Burned (11M)

Key Facts About XRP Supply

Pre-mined: All 100 billion XRP were created at genesis in 2012
No inflation: Unlike Bitcoin, no new XRP can ever be minted
Deflationary: XRP is destroyed with every transaction, slowly reducing supply
Escrow system: Ripple locked 55 billion XRP in escrow in 2017 for transparency
Monthly releases: 1 billion XRP unlocks from escrow each month

Ripple Escrow Explained

In December 2017, Ripple locked 55 billion XRP into a cryptographic escrow system to provide transparency and predictability about XRP supply entering the market.

Metric	Details
Original Escrow	55 billion XRP (locked Dec 2017)
Monthly Release	1 billion XRP unlocks per month
Unused XRP	Returns to escrow for 55 more months
Current Escrow	~42 billion XRP remaining
Transparency	All escrow wallets are publicly viewable on-chain

XRP Burn Mechanism

Every XRP transaction burns a small amount of XRP as a fee. This fee is permanently destroyed, not given to validators.

Minimum fee: 0.00001 XRP (~10 drops) per transaction
Total burned: Over 11 million XRP since 2012
Burn rate: Varies with network activity
Purpose: Prevents spam and makes XRP slightly deflationary

At current burn rates, it would take thousands of years to significantly impact total supply. The burn mechanism is primarily anti-spam, not deflationary by design.

Frequently Asked Questions

What is the total supply of XRP?

XRP has a fixed maximum supply of 100 billion tokens, all created at launch in 2012. No new XRP can ever be minted - there is no mining or inflation mechanism.

How much XRP is in circulation?

Approximately 57 billion XRP is in circulation. The remainder is held by Ripple in escrow (~42B) or has been burned through transaction fees (~11M).

How much XRP does Ripple own?

Ripple holds ~42 billion XRP in escrow. Each month, 1 billion unlocks and unused portions return to escrow. Ripple also holds some XRP outside escrow for operations.

Can more XRP be created?

No. The XRP Ledger protocol does not allow minting new tokens. Unlike Bitcoin (which mines new BTC until 2140), all XRP already exists. Supply can only decrease through burning.

Is XRP deflationary?

Technically yes - XRP is burned with every transaction. However, the burn rate is tiny (~0.00001 XRP per tx). At current usage, it would take millennia to burn significant supply. It's more anti-spam than deflationary.