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Ripple Intensifies RLUSD Treasury Activity As 15 Million Tokens Vanish from Supply
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BITRSSRipple Intensifies RLUSD Treasury Activity As 15 Million Tokens Vanish from Supply
Ripple has burned another 15 million RLUSD as large treasury transactions continue to move the stablecoin’s supply in both directions. The 15 million tokens, worth roughly $15 million, were transferred from the RLUSD Treasury to an Ethereum null address Thursday, September 10, permanently removing them from circulation. The transaction came after several large RLUSD mints earlier this month, showing how quickly the stablecoin’s supply can change…
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