儘管受到批評，但Ripple的實質性XRP儲備可能是其最大的戰略資產之一

Ripple對XRP供應的實質性控制經常被批評為權力下放的風險。但是，行業聲音的最新論點表明，該儲備金可能是該公司在推動XRP的長期實用性和市場價值方面最強大的戰略資產之一。

Recently, there has been criticism regarding Ripple’s substantial control over the supply of XRP, which some view as a risk factor for decentralization. However, industry voices are highlighting how this reserve could be one of the company’s strongest strategic assets in driving XRP’s long-term utility and market value.

最近，人們對Ripple對XRP供應的實質控制有批評，這是分散式化的風險因素。但是，行業聲音強調了該儲備在推動XRP的長期公用事業和市場價值方面最強大的戰略資產之一。

According to researcher Anders, a recognized member of the XRP community, Ripple’s significant XRP holdings give the company a direct financial incentive to ensure the success of the XRP Ledger. He suggests that if Ripple owned little or no XRP, its commitment to the growth of the XRPL ecosystem might not be as strong.

XRP社區的公認成員安德斯（Anders）認為，Ripple的重要XRP持有量為該公司提供了直接的財務激勵，以確保XRP Ledger的成功。他建議，如果Ripple幾乎沒有XRP，那麼它對XRPL生態系統增長的承諾可能不會那麼強大。

According to Anderson, Ripple’s position as a major token holder naturally aligns the company’s objectives with the advancement of the asset’s infrastructure and adoption.

根據安德森（Anderson）的說法，Ripple作為主要代幣持有人的地位自然會使公司的目標與資產基礎設施和採用的發展保持一致。

He also drew parallels with key figures in the broader crypto space, such as Michael Saylor with Bitcoin and Ethereum’s early investors, who have historically played important roles in promoting the networks in which they are heavily invested. This, he argues, reinforces the idea that large holders are often the most motivated to support ecosystem development.

他還與更廣泛的加密貨幣領域中的關鍵人物相似，例如邁克爾·塞勒（Michael Saylor）和比特幣和以太坊的早期投資者，他們歷來在促進大量投資的網絡方面發揮了重要作用。他認為，這加強了這樣一種觀念，即大型持有人通常是支持生態系統發展的動力。

Further backing Anderson’s position are insights from Miguel Vias, who previously served as Ripple’s Head of XRP Markets. During his time at Ripple, Vias was responsible for building liquidity and the necessary infrastructure to support XRP’s use in global markets.

進一步的支持安德森（Anderson）的立場是米格爾·維亞斯（Miguel Vias）的見解，米格爾·維亞斯（Miguel Vias）此前曾擔任Ripple的XRP市場負責人。在Ripple期間，VIA負責建立流動性和支持XRP在全球市場中使用的必要基礎設施。

One of the advantages, according to Vias, is Ripple’s ability to offer XRP to professional market participants through lending mechanisms. This helps enhance liquidity and stabilize the market, an approach that, he noted, is significantly more difficult with assets like Bitcoin due to their different market dynamics.

根據VIA的說法，其中的優勢之一是Ripple能夠通過貸款機制向專業市場參與者提供XRP的能力。這有助於提高流動性並穩定市場，他指出的這種方法在像比特幣這樣的資產中由於其不同的市場動態而變得更加困難。

Vias also highlighted Ripple’s capability to subsidize liquidity in emerging or underserved payment corridors. This allows the company to support adoption in regions that lack sufficient market depth until natural demand takes over. He emphasized that liquidity is a key driver of both usefulness and price.

VIA還強調了Ripple在新興或服務不足的支付走廊中補貼流動性的能力。這使得公司可以支持在缺乏足夠市場深度的地區的採用，直到自然需求接管為止。他強調，流動性是有用性和價格的主要驅動力。

As XRP becomes more liquid, it is more easily usable across a range of applications, which in turn can positively impact its valuation.

隨著XRP變得越來越流動，它更容易在一系列應用中使用，進而可以對其估值產生積極影響。

According to data from Balandis and Blockware Solutions, Ripple’s total XRP holdings have decreased slightly. As of early May, the company controls approximately 41.43 billion XRP, comprising 4.906 billion in spendable wallets and around 36.53 billion held in escrow. This is a slight decrease from the previous total of 42.51 billion reported at the end of 2024. Based on current market prices, Ripple’s XRP assets are valued at over $104 billion.

根據Balandis和Blockware解決方案的數據，Ripple的總XRP持有量略有下降。截至5月初，該公司控制著約414.3億XRP，其中包括490.6億美元的可支出錢包，並在託管中舉行了約365.3億。這比2024年底報導的先前總計425.1億美元略有下降。根據當前市場價格，Ripple的XRP資產價值超過10040億美元。

With such substantial financial strength, Ripple has taken steps to expand its influence in the financial services industry. In April, the company completed the acquisition of Hidden Road, a prime brokerage firm. Ripple CEO Brad Garlinghouse has indicated that this move is part of a broader plan to acquire institutions that can further integrate XRP into mainstream financial infrastructure.

憑藉如此巨大的財務實力，Ripple採取了措施擴大其在金融服務行業的影響力。 4月，該公司完成了對主要經紀公司Hidden Road的收購。 Ripple首席執行官布拉德·加林豪斯（Brad Garlinghouse）表示，這一舉動是收購可以將XRP進一步集成到主流金融基礎設施中的機構的更廣泛計劃的一部分。

Analysts believe the inclusion of Hidden Road could help unlock trillions in potential transaction flows by deepening the token’s presence in global finance.

分析人士認為，包含隱藏的道路可以通過加深令牌在全球金融中的存在來幫助釋放數万億美元的潛在交易流動。

While criticism surrounding Ripple’s XRP holdings persists, supporters argue that these reserves are being used strategically to boost the token’s utility and encourage broader adoption. The alignment of Ripple’s interests with XRP’s growth, paired with its financial capabilities, may ultimately prove beneficial for the ecosystem as a whole.

儘管圍繞Ripple XRP持有的批評仍然存在，但支持者認為，這些儲備金在戰略上被用來提高令牌的效用並鼓勵更廣泛的採用。 Ripple的利益與XRP增長的一致性以及其財務能力最終可能對整個生態系統有益。

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