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Does the XRP Ledger burn XRP, and can new XRP ever be created?

Company-reported Published 1 min read

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XRPL documentation confirms that XRP is burned as transaction costs and that all XRP was created at the ledger’s launch, with no new XRP minted. It supports the burn mechanism but provides no total burned figure.

The full answer

What did XRP Ledger Foundation state?

On October 3, 2026, XRP Ledger Foundation stated the following. XRPL documentation confirms that XRP is burned as transaction costs and that all XRP was created at the ledger’s launch, with no new XRP minted. It supports the burn mechanism but provides no total burned figure. [1]

The source’s own words: “All accounts must hold at least a small amount of XRP in reserve, and must burn small amounts of XRP as “gas” to pay for sending transactions.” [1]

A second source, XRP Ledger Foundation, says: “All XRP was created along with the ledger itself, and no new XRP can be minted.” [2]

Where does this fit on the site?

For the wider picture, see Do XRP fee burns make XRP scarce? and How many XRP exist, why so many, and can Ripple create more?. Two related questions are Is XRP’s valuation justified by activity on the XRP Ledger? and How does the XRP Ledger’s native lending protocol work?

What we know

  • XRPL documentation confirms that XRP is burned as transaction costs and that all XRP was created at the ledger’s launch, with no new XRP minted. It supports the burn mechanism but provides no total burned figure (XRP Ledger Foundation, October 3, 2026).
  • XRP Ledger Foundation states, in its own words: “All XRP was created along with the ledger itself, and no new XRP can be minted.” (October 3, 2026).

In plain English

XRPL documentation confirms that XRP is burned as transaction costs and that all XRP was created at the ledger’s launch, with no new XRP minted. It supports the burn mechanism but provides no total burned figure.

Sources

  1. XRPL.org documentation — XRP Ledger Foundation, 2026-10-03 Primary
  2. XRPL.org documentation — XRP Ledger Foundation, 2026-10-03 Primary

Related breadcrumbs

Before thisDo XRP fee burns make XRP scarce? Next on this TrailHow many XRP exist, why so many, and can Ripple create more? Go deeperIs XRP's valuation justified by activity on the XRP Ledger? The other sideHow does the XRP Ledger's native lending protocol work?

Update log

  • — Published.

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