Ripple Burns 15 Million RLUSD in Major Treasury Move
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Ripple has burned 15 million RLUSD, about 15 million dollars, sending them on September 10, 2026 to an Ethereum address without private key, the classic black hole used to eliminate tokens from circulation. Ripple's RLUSD burn comes at a time of strong movement on the treasury front of the stablecoin, with emissions and ransoms [...]
🚨 Ripple burned 15 million RLUSD tokens on Ethereum. 📉 The transaction reduced the circulating supply within the institutional repayment flow and created new movement in $RLUSD. 📊 RLUSD's market capitalization increased from $1.76 billion on August 18 to $2.42 billion on September 10. 🏦 In August, Ripple expanded RLUSD into new use cases, including institutional loan funding. Read More: Ripple Burns 15 Million RLUSD Tokens The article "Rippl…
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Cryptocurrency News | Cryptocurrency Prices | Market CapRipple Burns 15 Million RLUSD in Major Treasury Move
Ripple has burned 15 million RLUSD in its latest major treasury move, even as the stablecoin’s market capitalization continues to surge toward new highs.
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