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Ripple Burns Nearly 180M RLUSD in Just Hours
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Ripple Burns Nearly 180M RLUSD in Just Hours
TL;DR: Ripple executed the burn of 180 million RLUSD tokens in a single day, marking the largest supply contraction in the stablecoin’s history. The asset’s market capitalization dropped from $1.56 billion at the end of February to the current $1.28 billion. According to on-chain data, the move responds to massive liquidity redemptions by the Gemini exchange at the close of the first quarter of 2026. Ripple is the protagonist of a historic move…
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