CoinWorld News reports that, according to U.Today, in the past 24 hours, the RLUSD treasury burn on the XRP Ledger exceeded 59,364,323 RLUSD tokens, and an increase in RLUSD activity is typically seen at the end of the month. Data from the Ripple stablecoin tracker shows that, in the past 24 hours, the total RLUSD burning and minting activity exceeded 118 million RLUSD tokens. XRP validator Vet said that the RLUSD minting/burning pattern remains steady, with issuance activity on the XRP Ledger increasing as the month ends. Vet believes that the end-of-April activity spike has not yet shown up, and that this pattern will coincide with the XRP event scheduled to take place in Las Vegas from April 30 to May 1, 2026.

XRP-0.86%
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments