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The cryptocurrency platform for payment systems Ripple withdrew another billion XRP tokens from escrow on July 1. Although the company's litigation with the US Securities and Exchange Commission (SEC) continues. Ripple continues to issue XRP from escrow and send part of it to financial institutions that cooperate with the company and use the blockchain technology provided to them. According to the partnership agreements concluded between Ripple and financial and credit institutions and payment companies, the RippleNet network and the XRP token are often required for use. Now there are more than 350 such agreements. Unlocking a huge number of coins has been planned by Ripple on the first day of every month for many years. It is worth noting that the token has not yet recovered from the collapse. At the time of writing, its value is $ 0.659169 with a market capitalization of $ 30,427,022,627. In the overall rating of cryptocurrencies of the analytical service CoinGecko, XRP is in seventh place. According to the platform, the token has lost -4.3% over the past 24 hours. #Cryptocurrency

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