Ripple CTO Debunks Rumors of 10 Billion XRP Buyback Amidst Calls for Clarity

The rumour mill was hard at work again when word spread online that Ripple was preparing a significant buyback of its circulating supply of XRP coins. This action is considered by those that purport the idea as an effort to address concerns about overstock and price volatility while enhancing the usefulness and value of XRP.