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Ripple Burns 2.5 Million RLUSD in 24 Hours, Boosting Stablecoin Strategy on Ethereum!

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  • Ripple burns 2.5 million RLUSD, boosting Ethereum stablecoin strategy.
  • RLUSD supply adjustments continue with strategic burns and minting events.
  • Ripple’s stablecoin management sparks discussions at XRP Community Day 2026.

Ripple’s RLUSD stablecoin has undergone a major adjustment, with a total of 2.5 million RLUSD burned in just 24 hours at the RLUSD treasury. This move follows an earlier burn event on February 5, where 25,014,695 RLUSD were removed from circulation. The tokens were burned across both the Ethereum blockchain and the XRP Ledger, with 15 million burned on Ethereum and 10 million on the XRP Ledger.


Strategic Burn and Mint Events Keep RLUSD’s Supply in Check

These recent burn events reflect Ripple’s ongoing efforts to manage the supply of RLUSD. Earlier in the month, Ripple had minted substantial quantities of RLUSD tokens, creating a dynamic balancing act of burning and minting to maintain the stablecoin’s market position.


Also Read: Binance Buys 3,600 BTC Amid Market Crash – CZ’s Bold Move to Secure Users!


On February 2, Ripple minted a total of 28.2 million RLUSD, 15 million RLUSD, and 59 million RLUSD across the XRP Ledger and Ethereum blockchains. Just days later, on February 3, an additional 35 million RLUSD tokens were minted, followed by another minting event on February 5 that saw 10 million RLUSD minted on XRP Ledger and 15 million RLUSD minted on Ethereum.


Ripple’s Long-Term Strategy for Stablecoin Growth

Ripple’s strategy of minting and burning RLUSD tokens ensures that the supply remains in sync with market demand, maintaining the coin’s peg to the US dollar. Currently, the market cap of RLUSD is valued at approximately $1.49 billion across both the XRP Ledger and Ethereum. This consistent and calculated approach highlights Ripple’s strong management of RLUSD, a stablecoin poised for long-term growth in the cryptocurrency space.


Ripple’s ongoing activities with RLUSD will be a central topic during XRP Community Day 2026, scheduled for February 11 and 12. This global event will bring Ripple’s leaders and XRP community members together to discuss the growing role of XRP and stablecoins in the financial ecosystem. The community day will further showcase how Ripple is enhancing XRP’s utility while navigating the evolving stablecoin landscape.


Also Read: Metaplanet CEO Quotes Warren Buffett Amid Crypto Market Fear


The post Ripple Burns 2.5 Million RLUSD in 24 Hours, Boosting Stablecoin Strategy on Ethereum! appeared first on 36Crypto.

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