Ripple Destroys 10 Million RLUSD Tokens Following 35 Million Weekly Supply Reduction

TLDR

• Ripple burned 10 million RLUSD, marking the second significant supply cut logged on the same day.
• Blockchain monitoring tool @RL_Tracker identified the 10 million RLUSD burn on the public ledger.
• Over the last week, Ripple’s treasury has burned a total of 45 million RLUSD.
• In that same timeframe, blockchain data shows Ripple minted just 10 million RLUSD.
• On March 23, Ripple carried out a one-day burn of 30 million RLUSD.

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(SeaPRwire) –   Ripple cut its stablecoin supply once more today after burning 10 million RLUSD tokens. Per blockchain tracker data, this action came on the heels of another substantial burn earlier in the day. Over the past week, the RLUSD Treasury burned 45 million tokens while minting 10 million.

RLUSD Treasury Logs New 10 Million Token Burn

Blockchain tracker @RL_Tracker noted that Ripple destroyed precisely 10 million RLUSD in its most recent transaction. The tracker documented the transfer to a null address on the public ledger, and this burn represented the second major supply reduction logged earlier that day.

Prior records indicated another significant burn occurred before the 10 million RLUSD transaction. Aggregated data verified two distinct supply cuts within a few hours, and Ripple has yet to release a public comment on these transactions.

Over the past seven days, the RLUSD Treasury burned a total of 45 million tokens. In the same window, Ripple minted just 10 million RLUSD, leading to a net weekly supply decrease of 35 million tokens.

Weekly RLUSD Supply Data Points to Strong Redemptions

On March 23, Ripple performed a one-day burn of 30 million RLUSD. Blockchain records confirmed this was among the week’s largest transactions, and the data implied robust redemption activity from institutional clients.

Conversely, Ripple minted 10 million RLUSD on March 19. This issuance was prompted by incoming capital that necessitated new on-chain tokens; minting events generate fresh supply to align with deposited U.S. dollars.

Ripple employs burns and mints to ensure RLUSD remains fully backed by fiat reserves. When clients redeem tokens, Ripple takes the equivalent amount out of circulation, preserving a 1:1 ratio between the token supply and bank-held U.S. dollars.

Fully backed fiat stablecoins depend on this operational framework to manage supply. To finalize a burn, Ripple sends redeemed RLUSD to a null address, and every transaction is permanently logged on the blockchain for public validation.

This recent activity is part of Ripple’s regular treasury management processes. The company’s automated systems monitor supply changes in real time, and public trackers keep recording each burn and mint as they happen.

Data from @RL_Tracker confirmed both burns took place on-chain today. The second burn was for exactly 10 million RLUSD, and the ledger entry indicated the tokens were immediately removed from circulating supply.

Over the past week, Ripple’s treasury activities lowered overall supply levels: total burns hit 45 million RLUSD, while total minting amounted to 10 million, resulting in a net weekly supply shrinkage of 35 million tokens.

These transactions are the latest publicly documented RLUSD supply shifts. Blockchain data keeps showing updated balances and treasury transfers, with the 10 million RLUSD burn being the most recent entry on record.