Ripple generates most of its revenue from selling its XRP holdings, according to David Schwartz, CTO at Ripple. Schwartz confirmed in a series of tweets that selling XRP accounted for 98% of the firm's revenue and that Ripple only has two options regarding its XRP holdings: to sell or hold them. Selling the tokens is seen as a better choice, as it contributes to decentralization. Ripple sells XRP tokens in connection with its On-Demand Liquidity solution, which caters to multiple entities across nearly 40 payout markets. Ripple's report on XRP for Q4 2022 revealed that the technology firm sold $226.31 million worth of XRP in the quarter alone.

(By ALBERT BROWN)