XRP: The Automatic Burn Mechanism That Reduces Supply

XRP stands out from other cryptocurrencies with its unique coin-burning mechanism. Unlike traditional methods like scheduled burns or buybacks, XRP automatically reduces its supply through network activity. Every transaction on the XRP Ledger results in a small portion of XRP being permanently destroyed, gradually lowering the overall circulating supply over time. This process is directly tied to user engagement, ensuring it’s an integral part of how the system works rather than a marketing gimmick.