Why did Ripple burn 10 million RLUSD?

Ripple burned 10 million Ripple USD (CRYPTO:RLUSD) as part of its routine stablecoin supply management process.

Does burning RLUSD affect its value?

No. RLUSD remains backed by reserves, and the burn only reduces the number of tokens in circulation.

Ripple USD (CRYPTO:RLUSD) is a US dollar-backed stablecoin issued by Ripple.

Stablecoin issuers burn tokens to reduce circulating supply when demand falls or tokens are redeemed.

Ripple said RLUSD remains fully backed, with token supply adjusted to match customer demand.

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Written by Mahathir BayenaPublished Jul 15, 2026, 3:22 AM

Ripple has burned another 10 million Ripple USD (CRYPTO:RLUSD) tokens as part of its stablecoin supply management process.

Blockchain data showed the tokens were removed from circulation through Ripple's authorised burn mechanism.

Ripple has regularly minted and burned RLUSD to match customer demand and maintain the stablecoin's circulating supply.

The latest burn does not affect RLUSD's backing, as each token is supported by cash and cash-equivalent reserves.

Ripple adjusts RLUSD's supply by minting new tokens when demand rises and burning tokens when they are no longer needed.

RLUSD is Ripple's US dollar-backed stablecoin and is designed for payments, trading and other digital asset transactions.

The company continues expanding RLUSD alongside its broader digital payments business and blockchain services.