尽管受到批评，但Ripple的实质性XRP储备可能是其最大的战略资产之一

Ripple对XRP供应的实质性控制经常被批评为权力下放的风险。但是，行业声音的最新论点表明，该储备金可能是该公司在推动XRP的长期实用性和市场价值方面最强大的战略资产之一。

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，人们对Ripple对XRP供应的实质控制有批评，这是分散式化的风险因素。但是，行业声音强调了该储备在推动XRP的长期公用事业和市场价值方面最强大的战略资产之一。

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社区的公认成员安德斯（Anders）认为，Ripple的重要XRP持有量为该公司提供了直接的财务激励，以确保XRP Ledger的成功。他建议，如果Ripple几乎没有XRP，那么它对XRPL生态系统增长的承诺可能不会那么强大。

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.

根据安德森（Anderson）的说法，Ripple作为主要代币持有人的地位自然会使公司的目标与资产基础设施和采用的发展保持一致。

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.

他还与更广泛的加密货币领域中的关键人物相似，例如迈克尔·塞勒（Michael Saylor）和比特币和以太坊的早期投资者，他们历来在促进大量投资的网络方面发挥了重要作用。他认为，这加强了这样一种观念，即大型持有人通常是支持生态系统发展的动力。

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.

进一步的支持安德森（Anderson）的立场是米格尔·维亚斯（Miguel Vias）的见解，米格尔·维亚斯（Miguel Vias）此前曾担任Ripple的XRP市场负责人。在Ripple期间，VIA负责建立流动性和支持XRP在全球市场中使用的必要基础设施。

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.

根据VIA的说法，其中的优势之一是Ripple能够通过贷款机制向专业市场参与者提供XRP的能力。这有助于提高流动性并稳定市场，他指出的这种方法在像比特币这样的资产中由于其不同的市场动态而变得更加困难。

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还强调了Ripple在新兴或服务不足的支付走廊中补贴流动性的能力。这使得公司可以支持在缺乏足够市场深度的地区的采用，直到自然需求接管为止。他强调，流动性是有用性和价格的主要驱动力。

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

随着XRP变得越来越流动，它更容易在一系列应用中使用，进而可以对其估值产生积极影响。

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.

根据Balandis和Blockware解决方案的数据，Ripple的总XRP持有量略有下降。截至5月初，该公司控制着约414.3亿XRP，其中包括490.6亿美元的可支出钱包，并在托管中举行了约365.3亿。这比2024年底报道的先前总计425.1亿美元略有下降。根据当前市场价格，Ripple的XRP资产价值超过10040亿美元。

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.

凭借如此巨大的财务实力，Ripple采取了措施扩大其在金融服务行业的影响力。 4月，该公司完成了对主要经纪公司Hidden Road的收购。 Ripple首席执行官布拉德·加林豪斯（Brad Garlinghouse）表示，这一举动是收购可以将XRP进一步集成到主流金融基础设施中的机构的更广泛计划的一部分。

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

分析人士认为，包含隐藏的道路可以通过加深令牌在全球金融中的存在来帮助释放数万亿美元的潜在交易流动。

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.

尽管围绕Ripple XRP持有的批评仍然存在，但支持者认为，这些储备金在战略上被用来提高令牌的效用并鼓励更广泛的采用。 Ripple的利益与XRP增长的一致性以及其财务能力最终可能对整个生态系统有益。

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：该内容旨在告知，不应被视为财务建议。本文中表达的观点可能包括作者的个人意见，并且不代表小报的观点。在做出任何投资决策之前，敦促读者进行深入研究。读者采取的任何行动都严格符合他们自身的风险。时代小报对任何财务损失概不负责。