SBI Holdings, a large Ripple partner, has just removed a financial report that reveals revealing details on XRP. From its supply in circulation to its weighing value, the report highlights the impressive increase in XRP. Even more surprising, the value of XRP has multiplied over time, reflecting its strong position on the market.
Reflection of XRP food: circulation, entire and burning mechanism
According to the SBI financial report for the financial year ending in March 2025, on February 2, 2025, around 57.76 billion XRP circulates on the market. With a maximum offer of 100 billion XRP, this means that significant part is still kept in reserve.
The report also indicates that Ripple currently contains 4.79 billion XRP, while 37.43 billion XRP remain locked in sequestration. This whole system guarantees that XRP is gradually released to prevent excessive market supply.
Another key aspect discussed in the report is XRP fire through transaction costs. So far, 0.01 billion XRP have been burned, reducing the total offer over time.
Meanwhile, this burning mechanism helps maintain the efficiency and safety of the Grand Book XRP by preventing spam transactions.
SBI XRP awards for shareholders
The report also gives an overview of the benefits of SBI shareholders distributed in XRP. Since March 2020, SBI has rewarded its shareholders with XRP five times, a total of 796 XRP per shareholder.
Initially, the value of these distributions was around 8,000 Japanese yen, calculated at an average of 50.2 yen per XRP. However, as of February 6, 2025, the value increased to 354.6 yen by XRP, almost seven times the original value. This increase reflects the high performance of the XRP market and increasing adoption.
Ripple partnership
In addition, the long -standing partnership between SBI and RIPPLE continues to develop. SBI, which has a 9% stake in Ripple, played a decisive role in promoting the adoption of XRP. The two companies formed SBI Ripple Asia in 2016 to improve cross-border payments in the Asia-Pacific region.
In 2021, SBI Remit introduced the first international international sending service in Japan using XRP. The collaboration should now extend to Espace NFT, with plans to issue NFT on the Grand Book XRP at Expo 2025 in Osaka, Japan.
In addition, SBI recently launched Rlusd, a stablecoin linked to the US dollar, further strengthening its presence in the digital active space. The solid partnership between SBI and Ripple continues to advance XRP, making it a key player in the landscape of evolving cryptography.
