X account @XRPwallets, which tracks $XRP transactions, together with these made by Ripple, has printed an in depth report of the place half of the billion $XRP cash unlocked by the crypto big final month had been distributed.
The bulk, in line with the X put up, was used for ETPs and different investments through main cryptocurrency buying and selling platforms. Historically, Ripple releases one billion $XRP through the first days of each new month after which locks round two-thirds of it again into escrow.
Ripple’s precise half-billion $XRP launch mapped
@XRPwallets revealed that, in February, the San Francisco-based blockchain behemoth shifted roughly 309 million $XRP to main cryptocurrency exchanges. These cash finally went to $XRP exchange-traded funds (ETFs), $XRP trusts and different investments. The biggest $XRP chunk was despatched to Binance — 300 million. 5 million $XRP went to Bitgo and 4 million $XRP to Coinbase.
Moreover, Ripple transferred round 100 million $XRP to varied Ripple Pay (previously often known as ODL) corridors to help liquidity in these cost channels.
February 2026 Ripple Holdings/Escrow to Exterior Monitoring
▫️ [ETPs, Trust, Other Investments]
🔽300M $XRP via Binance
🔼5M Bitgo Init
🔼4M CB🔼99.7985M $XRP despatched to ODL
hall🔽408.7986M Whole Outbound (Not all Inclusive) 🚨🚨🚨 https://t.co/75C51V3XQc?from=article-links
— $XRP_Liquidity (ETF 1Y 39.8B = Max 54.4B) (@XRPwallets) March 3, 2026
Since early 2018, Ripple has been unlocking one billion $XRP after which locking round 700 million or 800 million $XRP.
In March, Ripple additionally unlocked one billion cash. Earlier at the moment, the aforementioned account reported that, in February, Ripple locked again 700 million $XRP, and in March, it put again in escrow the identical quantity of crypto.
Ripple Escrowed $XRP Relocked Historical past
MAR – 700M $XRP
FEB – 700M $XRP
JAN – 700M $XRP2025
700M locked monthly with exception of June 670M locked. Whole unlocked 3.63B $XRP
2024
800M locked monthly with exception of NOV 530M locked. Whole unlocked 2.67B $XRP https://t.co/tlhMv12A0k?from=article-links
— $XRP_Liquidity (ETF 1Y 39.8B = Max 54.4B) (@XRPwallets) March 3, 2026
Ripple sends 20 million $RLUSD to Gemini
In an earlier tweet at the moment, @XRPwallets additionally commented on Ripple just lately minting a considerable quantity of its stablecoin, $RLUSD. In keeping with @RL_Tracker, the crypto heavyweight minted two batches of $RLUSD on Monday: 69,000,000 and 19,655,000 $RLUSD. The previous was the most important $RLUSD mint ever made by Ripple.
@XRPwallets tracked the second, saying that it was issued to a pockets that belongs to the Winklevosses’ crypto alternate, Gemini. Apparently, this transaction was made as a part of the collaboration between Ripple and Gemini (utilizing Mastercard and WebBank) introduced in November 2025.
The crypto alternate then meant to implement $RLUSD settlements on the $XRP Ledger for funds made with fiat financial institution playing cards. The primary product of this collaboration was the Gemini $XRP Credit score Card.
That initiative was meant to make sure sooner, safer, clear and compliant settlement inside the standard monetary system.

