Ripple Carries Out Massive RLUSD Burns, What’s Going On?
Ripple has carried out a series of large RLUSD burns in recent weeks to remove millions of the stablecoin from circulation. According to data from the RLUSD burn tracker @RL_Tracker, more than 2.7 million RLUSD were recently destroyed in a single transaction, the biggest burn in many weeks. Ripple Burns Massive Amounts Of RLUSD Crypto burns are not new to the crypto industry, especially when it comes to stablecoins. Interestingly, data from the RLUSD burn tracker, @RL_Tracker, has revealed an uptick in the amount of RLUSD burned in the past two weeks, which is worth noting. Related....
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