XRP escrow unlock moves 700M tokens as $300M USDC shifts across chains

On the 1st of March, large on-chain transfers moved $300 million in USDC on Ethereum wallets and released 700 million XRP from Ripple's escrow reserves. These structured treasury flows contributed to a rise in circulating XRP supply to 61.09 billion tokens by the 2nd of March, while derivatives metrics and funding rates signaled limited speculative response.