XRP Army Reacts As Ripple Burns Over $500 Million Tokens

XRP Community Reacts as Ripple Burns $539 Million in RLUSD Within 30 Days

The XRP community is debating the implications of Ripple’s recent reduction in RLUSD supply after on-chain data revealed that hundreds of millions of dollars’ worth of the stablecoin were removed from circulation over the past month. According to a report shared by BSCN, Ripple burned approximately $539 million worth of RLUSD during the last 30 days. Data tracked by XRPL validator Vet’s community monitoring platform further showed that burn acti…

XRP Army Reacts As Ripple Burns Over $500 Million Tokens

The XRP community is weighing in after reports revealed that Ripple significantly reduced the supply of its RLUSD stablecoin over the past month, as on-chain data showed hundreds of millions of dollars’ worth of tokens removed from circulation. According to a report by global news platform BSCN on X, Ripple burned approximately $539 million in RLUSD in the last 30 days. Data from XRPL validator Vet’s community tracker showed that token burns exc…