Ripple USD Stablecoin Deletes $500,000 From Circulation in Sudden On-Chain Move

utoday12-19

Half a million dollars' worth of Ripple USD just got erased in public, and it did not come from a hacker, a whale dump, or some exchange drama — it came from the token's own treasury.On Dec. 19, an on...

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This is a classic burn pattern, which removes tokens from circulation rather than relocating them to another wallet.The number is not huge next to RLUSD's current scale, but it is big enough to be noticeable. With a circulating supply of around 1.33B RLUSD and a market cap near $1.33 billion, a 500,000-unit burn is an intentional and auditable supply cut that stands out because it is not just some market noise.Ripple USD stablecoin todayThe timing is also interesting because RLUSD is already trading with real activity for a young stablecoin. 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