Ripple Burns $20 Million of RLUSD: What Does It Mean for XRP?

Ripple has once again ignited discussion within the crypto community by burning a significant amount of its U.S. dollar-backed stablecoin, RLUSD. The move, announced by crypto analyst Xaif on X, saw 20 million tokens permanently removed from circulation, raising questions and sparking varied reactions from the XRP community. Understanding this burn through its mechanics and Ripple’s stated intentions reveals a deeper picture of how this activity impacts the ecosystem.