Ripple CTO Emeritus Cites XLM’s 2019 50% Token Burn to Question XRP Supply Destruction Impact

In a March 12, 2026 X discussion, Ripple CTO Emeritus David Schwartz used Stellar’s 2019 50% XLM supply burn to address calls for a large XRP burn. He argued that despite Stellar destroying 55 billion XLM and XRP escrow currently totaling over 33.6 billion tokens, XLM’s long-term price chart continued to closely track XRP, suggesting a massive burn might not guarantee sustained price gains.