Ripple Labs Burns 25,000,000 RLUSD in 24 Hours, XRP Price to Rally?
The post Ripple Labs Burns 25,000,000 RLUSD in 24 Hours, XRP Price to Rally? appeared on BitcoinEthereumNews.com.
Ripple Labs has executed its largest single burn of RLUSD stablecoins, burning over 25 million coins from circulation within a 24-hour period. The latest move, which saw the burn of 15 million RLUSD, follows a series of massive burns this week. Ripple continues to play a significant role in reducing the circulating supply of RLUSD, which is a crucial part of its overall strategy. Ripple’s Largest Burn Yet Ripple has demonstrated its commitment to the RLUSD stablecoin with this unprecedented burn. In the past 24 hours, Ripple removed a total of 25 million RLUSD from circulation. This includes a 15 million coin burn, which is the largest burn to date since the stablecoin’s inception. The action has caught the attention of the crypto community, as it signals Ripple’s ongoing efforts to manage RLUSD’s supply and impact its value. The burn was conducted on the XRP Ledger, Ripple’s primary blockchain. RLUSD is also supported on Ethereum, further enhancing its utility across multiple platforms. The 15 million coins and 10 million coins burned in this latest move are part of Ripple’s continued efforts to limit the circulating supply, which is expected to reduce inflationary pressures on the stablecoin. Ripple’s Strategy Behind the Burn Ripple’s decision to conduct a large-scale burn comes after minting new RLUSD coins earlier this week. On March 9, Ripple minted 6 million RLUSD, followed by another 1 million RLUSD. These newly minted coins were followed by the burn of 4.5 million RLUSD coins on March 8. Despite minting new coins, Ripple’s strategy focuses on keeping a balance between minting and burning to control the stablecoin’s market supply. This latest burn is a key part of Ripple’s ongoing strategy. As per Ripple’s practices, burns and mints are part of the larger goal to stabilize the RLUSD supply while ensuring…
Filed under: News - @ March 11, 2026 6:26 pm