Ripple CTO David Schwartz has weighed in on rumors that the crypto payment company was planning to buy back 10 billion XRP tokens. Earlier in the week, a report suggested that Ripple wanted to repurchase 10 billion XRP tokens, representing about 10% of the digital asset total supply. Schwartz Denies Knowledge of Purchase Ripple’s CTO stated that he lacked knowledge of this alleged repurchase, adding that no official source had been cited. Meanwhile, Schwartz pointed out the company has a history of making XRP buybacks. Furthermore, XRP-friendly lawyer John Deaton also expressed skepticism about the report, saying he would wait forGo to Source
Author: coinmaker