XRP's supply on Coinbase has dropped to historic lows, with reports indicating a nearly 90% reduction due to a community-led boycott. This movement follows Coinbase's opposition to the CLARITY Act, which has frustrated XRP holders. As of late March 2026, Coinbase's XRP reserves fell to approximately 101.86 million, driven by significant withdrawals. The boycott is fueled by concerns over Coinbase's stance against the CLARITY Act, which includes provisions that could impact the exchange's revenue from stablecoin yields. Additionally, allegations that Coinbase demanded payments from Ripple for XRP listing in 2019 have intensified community discontent. Recent data shows net outflows of 21 million to 95 million XRP over 30 days, as holders move assets to self-custody or other platforms. Analysts warn that continued withdrawals could lead to a supply crunch, potentially affecting XRP's market price.
XRP Supply on Coinbase Plummets 90% Amid Community Boycott
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