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06/23 02:13看漲

Ripple Has Burned $539M RLUSD in Last 30 Days, wit

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Ripple Has Burned $539M RLUSD in Last 30 Days, with 74% Destroyed on Ethereum On-chain data shows that Ripple has burned up to $539 million worth of RLUSD in the past 30 days, with most of these burns occurring on the Ethereum network. The Ripple stablecoin, RLUSD, has continued to record impressive growth since its launch in December 2024. Interestingly, recent developments suggest Ripple may be pivoting more toward the XRP Ledger while reducing the stablecoin’s supply on Ethereum. According to data sourced by a community-driven RLUSD tracker developed by validator Vet, Ripple has burned $539 million in RLUSD since May 23, 2026, with burns outpacing mints by more than $129 million within this period. Notably, most of these burns occurred from early to mid-June immediately after a significant $127 million mint on June 1.  Specifically, from June 2, Ripple went on an RLUSD burning spree that lasted until June 12, representing nine consecutive days of intraday burns, the longest intraday burn streak since the December 2024 launch. It bears mentioning that these days also saw mints, but burns overshadowed them, leading to negative supply changes. During this period, Ripple burned $226 million worth of RLUSD tokens, with the largest single-day incineration involving $75.1 million on June 3. This day saw a net supply change of -$58.3 million for RLUSD, as the payments company minted $16.8 million. The second-largest single-day burn involved $67.1 million on June 4. After the June 2 to 12 spree, intraday activities alternated between net positive and negative supply changes. Before now, Ripple had already burned 196.6 million RLUSD from May 27 to 29. These large transactions contributed to the $539.3 million figure for the past month.

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