Ripple burns 500,000 RLUSD tokens, bringing new developments to the stablecoin ecosystem

OnChainDetective · 2025-12-19T16:40:09+00:00

Ripple recently burned 500,000 RLUSD stablecoins, further controlling the supply, valued at approximately $500,000. This move comes as RLUSD trading volume surpasses $107 million, and Ripple has partnered with Wormhole to expand RLUSD's application on Layer-2 networks, boosting market activity.

OnChainDetective

2025-12-19 16:40:09

Abstract generation in progress

【Crypto World】Ripple’s treasury has recently taken action — destroying 500,000 RLUSD stablecoins in one go and transferring them directly to a black hole address to remove them from circulation. This operation may seem simple, but it actually represents precise control over the RLUSD supply, worth about 500,000 USD. What’s more interesting is that this reduction happened right during a hot trading period for RLUSD — with daily trading volume already exceeding 107 million USD. It is worth mentioning that Ripple has also expanded RLUSD to more Layer-2 networks through a partnership with Wormhole, broadening the ecosystem map and boosting market activity.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

15 Likes

Reward
15
7
Repost
Share

Comment

0/400

CryptoWageSlave

· 2025-12-22 12:23

The old trick of destroying coins, is it really that effective? When the supply tightens, the market gets even hotter. This wave of Ripple really understands marketing.

View OriginalReply0

retroactive_airdrop

· 2025-12-22 02:11

This ripple burn operation is something, with daily trading volume breaking 100 million while still cutting supply, trying to push the price up.

View OriginalReply0

SorryRugPulled

· 2025-12-19 17:10

Burning 500,000? This tactic is quite clever; the supply is tightly controlled. It seems Ripple really wants RLUSD to establish a firm foothold.

View OriginalReply0

LiquidityHunter

· 2025-12-19 17:00

500,000 tokens destroyed, stuck at a trading volume period of 107 million JPY... This liquidity gap is truly incredible, inevitably triggering slippage reorganization.

View OriginalReply0

UnluckyLemur

· 2025-12-19 16:54

Burn 500,000 RLUSD? This pace is a bit interesting, especially to act when trading volume is so hot.

View OriginalReply0

ForkThisDAO

· 2025-12-19 16:53

The old tricks of burning coins to suppress prices are back? But this time, the timing is quite clever. Even with trading volume exceeding 100 million, they still dare to reduce the amount. Ripple is betting on a surge later on.

View OriginalReply0

CryptoMom