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TimesTabloid 2025-04-15 16:00:27

Largest XRP Wallet Holder Reveals Actual Amount of XRP It Holds

Largest XRP Wallet Holder Reveals Actual Amount of XRP It Holds

Uphold, a U.S.-based digital asset platform, was recently in the news because members of the XRP community revealed that it controls the wallet with the largest XRP balance . Following the revelation, Uphold took to X to reveal how much XRP it holds. Uphold shared an image of its total XRP holdings, revealing that it holds $4.644 billion in XRP, much higher than the $3.7 billion held in the wallet that recently drew the community’s attention. If we've surpassed Ripple, the intern has some explaining to do… But, in the spirit of transparency. https://t.co/Gr1zfUTY4F https://t.co/keYzC4dNe3 pic.twitter.com/E4D2SZJMJ4 — Uphold (@UpholdInc) April 14, 2025 Uphold’s Commitment to Transparency Uphold shared this information as a part of its commitment to transparency. On its transparency page , it delves more into this principle, describing itself as “100%+ reserved.” It emphasized that it does not lend customer funds but keeps all assets accessible. Uphold also stated that its obligations and assets are visible, subject to routine U.S. state audits, and managed by a team that includes former regulators and prosecutors. Notably, Uphold’s XRP holdings are closely matched by its obligations—an almost perfect 1:1 reserve ratio. Uphold’s initially reported balance of $3.7 billion placed it above other major exchanges like Bithumb and Binance. It also put the exchange above Ripple , which controlled the fourth and fifth largest wallets in the market with just above $2.6 and $2.4 billion in its wallets. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The company’s statistics also revealed that XRP transactions account for more than 26% of its volume, and over 25 million transactions have been processed on its platform. These figures underscore the level of XRP activity on Uphold and confirm that the exchange serves as a central hub for XRP holders and traders. Uphold’s Support for XRP Uphold has consistently supported XRP, listing the asset when many other exchanges delisted it because of Ripple’s now-concluded legal battle with the U.S. Securities and Exchange Commission (SEC). Its large holdings have further cemented its commitment to XRP and the XRP army, and this dominant position strengthens overall trust in the asset’s infrastructure. In an evolving regulatory landscape, platforms that maintain full reserves and operate under formal U.S. licensing provide much-needed stability. Moreover, XRP’s prominence on the platform suggests high user engagement and sustained interest in the token. Given that XRP comprises the largest share of Uphold’s transactions and reserves, this level of adoption sends a clear signal to the broader market about the asset’s relevance and use. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Largest XRP Wallet Holder Reveals Actual Amount of XRP It Holds appeared first on Times Tabloid .

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