RLUSD Supply Drops After Ripple Executes $120M End-Month Burn

TLDR Ripple burned about $120 million worth of RLUSD on April 30 through two separate transactions. The burn ranks as the second-largest intraday RLUSD reduction recorded on the XRP Ledger. The transactions reduced RLUSD supply on the XRP Ledger to about $253 million. Ethereum now holds about 82.5% of the total RLUSD supply after the [...]

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