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by: xpoolPosted on: May 15, 2025

Ripple Burns Another Million RLUSD Tokens in Market-Boosting Move

Ripple has once again conducted a significant token burning operation, removing over 4 million Ethereum-based RLUSD tokens from circulation. This latest action underscores the initiative’s commitment to reducing the circulating supply of its stablecoin and potentially influencing its market price. The process involves sending tokens to permanently unretrievable addresses.

Related posts:

  1. Ripple’s $170M Milestone Signals RLUSD’s Aim for Top 5 Crypto Spots
  2. Ripple Introduces RLUSD for Global Payments Amidst Trading Volume Dip
  3. Ripple’s RLUSD Minting Halted – What’s Behind the Silence?
  4. US Treasury Sec rejects CBDCs, Supports Ripple’s RLUSD as Future of Digital Finance
Ripple RLUSD Stablecoins

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