Ripple Burns $120,000,000 in RLUSD

01-May-2026 The Crypto Basic

Ripple has burned $120 million worth of the Ripple stablecoin, RLUSD, in a pattern that has remained consistent every end of the month. Vet, a well-known XRPL validator, called attention to this event, which marked the second-largest intraday net RLUSD burn in history.

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