Ripple Burns 25M RLUSD on Ethereum in Supply Shift

TLDR

• Ripple burned 25,000,000 RLUSD on the Ethereum blockchain in a single transaction.
• The total RLUSD burned within 24 hours reached 51,000,000 across Ethereum and the XRP Ledger.
• Ripple minted 29,000,000 RLUSD and 14,990,000 RLUSD on Ethereum during the same period.
• On March 11, Ripple burned 25,000,000 RLUSD on the XRP Ledger in two transactions.
• Ripple continues to adjust RLUSD supply through regular minting and burning events in March.

Ripple removed 25,000,000 RLUSD from circulation through a burn transaction on the Ethereum blockchain. The Ripple stablecoin tracker on X confirmed the action and shared the Ethereum transaction hash. The burn followed recent minting and burning activity across Ethereum and the XRP Ledger within 24 hours.

Ripple, RLUSD See 51 Million Tokens Burned in 24 Hours

Ripple executed a 25,000,000 RLUSD burn at the RLUSD Treasury on Ethereum. The tracker stated, “25,000,000 RLUSD burned on Ethereum,” and attached the transaction hash. This action followed a mint of 6,060,694 RLUSD on the same blockchain within hours.

Within the same 24-hour period, the tracker reported three other burn transactions. Two transactions burned 8,000,000 RLUSD and 3,000,000 RLUSD on Ethereum. A separate transaction removed 15,000,000 RLUSD from the XRP Ledger.

Together, these three transactions accounted for 26,000,000 RLUSD removed from circulation. A fourth burn later increased the total to 51,000,000 RLUSD within 24 hours. The tracker documented each transaction with on-chain data and timestamps.

At the same time, Ripple continued minting activity at the RLUSD Treasury. The tracker reported 29,000,000 RLUSD minted on Ethereum. It also recorded another 14,990,000 RLUSD entering circulation on the same network.

These mint events added fresh supply to Ethereum despite the burns. The tracker logged each mint with transaction details. As a result, Ethereum recorded both supply increases and decreases within the same day.

RLUSD Activity Extends Across March on Ethereum and XRP Ledger

Ripple maintained steady RLUSD supply adjustments throughout March. On March 11, Ripple burned 25,000,000 RLUSD on the XRP Ledger. Two separate transactions accounted for 15,000,000 and 10,000,000 RLUSD.

On the same date, Ripple removed 999,965 RLUSD from Ethereum through burning. Earlier, on March 9, Ripple minted 7,000,965 RLUSD on Ethereum. Other days in early March also showed mint or burn transactions across both networks.

The Ripple stablecoin tracker documented each event in real time. It provided transaction hashes for Ethereum burns and ledger references for XRP activity. The records show alternating minting and burning actions during the month.

Meanwhile, Ripple advanced its regulatory position outside token operations. The company is obtaining an Australian Financial Services License, known as AFSL. With this approval, Ripple now holds more than 75 regulatory licenses globally.

Ripple confirmed its licensing progress in recent disclosures. The company stated that it continues expanding regulated operations across multiple jurisdictions. These updates come as RLUSD supply adjustments continue across Ethereum and the XRP Ledger.

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