RLUSD Sees 118M Token Shift as Month-End Activity Picks Up
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RLUSD saw ~118M tokens shift in 24 hours on the XRP Ledger (three transactions), including 59,364,323 RLUSD burned and a comparable mint — month-end supply adjustments point to active treasury supply management for this crypto stablecoin. RLUSD now dominates XRPL stablecoins with market value nearing $450M, driven by steady inflows and rising usage, indicating stronger adoption and positive market impact for Ripple's stablecoin ecosystem.
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- RLUSD activity jumps as over 118M tokens move in a day, reflecting rising month-end supply adjustments.
- Large RLUSD mint and burn cycles highlight growing demand and active supply management on the XRP Ledger.
- RLUSD dominates XRPL stablecoins as market value nears $450M, driven by steady inflows and usage growth.
Activity around Ripple’s RLUSD stablecoin is picking up, with large amounts of tokens being created and removed on the XRP Ledger. More than 59 million RLUSD tokens were burned in the past 24 hours, while new tokens were also issued at the treasury, according to blockchain data. This kind of movement usually happens toward the end of the month as supply is adjusted to match demand.
Data from Ripple Stablecoin Tracker shows three transactions during that period. About 59,364,323 RLUSD was burned after an earlier mint, while two separate transactions added…
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