Ripple Stops Regularly Reporting Its XRP Reserves
Date: 2025-05-08 Author: Henry Casey Categories: BUSINESS
Ripple CEO Brad Garlinghouse announced that the company will no longer release quarterly reports on its XRP reserves. Initially, this practice was conceived as a step towards increasing transparency, but over time it became clear that it was not achieving its intended goals.
According to Garlinghouse, instead of tying it to specific dates, the company will move to a more flexible approach. Information on XRP assets will continue to be published, but now it will be posted on official Ripple platforms as needed. Thus, updates will be available to users in real time, without a strict periodicity.
It was also announced that Ripple will focus on analytics going forward, given the growing interest from large institutional investors. However, the new policy implies limited access to data - information on reserves will be disclosed only upon request from key market participants, and not in the public mode.
This change coincides with an improvement in the company's legal situation. In March of this year, the US Securities and Exchange Commission (SEC) withdrew its appeal of an earlier court decision in the case against Ripple. Recall that the conflict with the SEC began in December 2020, when the agency accused the company of illegally placing tokens as part of an unregistered ICO, thereby violating US securities laws.
Brad Garlinghouse has previously emphasized on more than one occasion that blockchain technology and digital assets such as XRP can radically change the landscape of international payments and make the global financial system more efficient and accessible.
Ripple continues to adapt to changing market and regulatory conditions, abandoning outdated approaches in favor of more flexible and targeted forms of communication with participants in the cryptocurrency sector.
