The post XRP News: Why Ripple Is Buying $1 Billion in XRP Despite Holding $30 Billion in Escrow appeared first on Coinpedia Fintech NewsRipple Labs is reportedly preparing to raise at least $1 billion to accumulate XRP, the digital asset that powers its global payment network. The move, which may be executed through a special purpose acquisition company (SPAC), marks one of Ripple's biggest commitments to date toward strengthening its ecosystem and market presence. According to sources familiar ...