Ripple burns $35.7 million in RLUSD as XRPL monthly burn rate hits 99%
Covered by 2 sources · 2 articles
2 outlets - including Coinotag and Coin-turk - are covering this story. Ripple's RLUSD saw a 99% burn rate on XRP Ledger after $449.3M in mints, while David Schwartz revealed his XRP holdings fell to about 2M.
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Ripple's XRP Ledger RLUSD Burn Rate Hits 99%
Ripple's RLUSD saw a 99% burn rate on XRP Ledger after $449.3M in mints, while David Schwartz revealed his XRP holdings fell to about 2M.
Ripple burns $35.7 million in RLUSD as XRPL monthly burn rate hits 99%
🔥 Ripple burns $35.7 million RLUSD as XRPL hits a 99% monthly burn rate. 💸 Over $449 million RLUSD issued in 30 days, with supply growth near zero on XRPL. 🤝 Institutional players use $RLUSD for instant conversions on XRPL, while Ethereu…