Ripple Conducts Over 32 Million RLUSD Burn on Ethereum

utoday05-16

After about a week of slowing down on its regular stablecoin burn activity, Ripple has just conducted the biggest RLUSD burn of the month.Over the last day, Ripple completed two separate RLUSD burns, ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2636094744?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-16 11:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2636094744","market":"sg","top_or_hot":-1,"title":"Ripple Conducts Over 32 Million RLUSD Burn on Ethereum","media":"utoday","content":"<div>\n<p>After about a week of slowing down on its regular stablecoin burn activity, Ripple has just conducted the biggest RLUSD burn of the month.Over the last day, Ripple completed two separate RLUSD burns, ...</p>\n\n<a href=\"https://u.today/ripple-conducts-over-32-million-rlusd-burn-on-ethereum\">Source Link</a>\n\n</div>\n","source":"utodaynews_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ripple Conducts Over 32 Million RLUSD Burn on Ethereum</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRipple Conducts Over 32 Million RLUSD Burn on Ethereum\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-16 11:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://u.today/ripple-conducts-over-32-million-rlusd-burn-on-ethereum><strong>utoday</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After about a week of slowing down on its regular stablecoin burn activity, Ripple has just conducted the biggest RLUSD burn of the month.Over the last day, Ripple completed two separate RLUSD burns, ...</p>\n\n<a href=\"https://u.today/ripple-conducts-over-32-million-rlusd-burn-on-ethereum\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTFX","symbol_name":"比特币期货ETF-CoinShares","start_time":0,"source_url":"https://u.today/ripple-conducts-over-32-million-rlusd-burn-on-ethereum","article_id":"2636094744","we_media_id":null,"thumbnails":[],"rights":{"source":"utodaynews_highlight","url":"https://u.today/ripple-conducts-over-32-million-rlusd-burn-on-ethereum","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2636094744","pubTimestamp":1778903220,"columns":[],"sourceInfo":{"source_id":"utodaynews_highlight","name":"u.today"},"weMediaInfo":null,"summary":"After about a week of slowing down on its regular stablecoin burn activity, Ripple has just conducted the biggest RLUSD burn of the month.Over the last day, Ripple completed two separate RLUSD burns, ","collect":0,"end_time":0,"defaultTopTitle":"u.today","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTFX":"比特币期货ETF-CoinShares","BITI":"1倍做空比特币期货ETF-Proshares","ETCO":"Grayscale Ethereum Covered Call ETF","CBOO":"Calamos Bitcoin Structured Alt Protection ETF - October","TETH":"21Shares Ethereum ETF","ESK":"REX-Osprey ETH + Staking ETF","CBXA":"Calamos Bitcoin 90 Series Structured Alt Protection ETF – April","XRPK":"T-REX 2x Long XRP Daily Target ETF","BTCC":"Grayscale Bitcoin Covered Call ETF","BRRR":"比特币ETF-CoinShares","MAXI":"比特币期货ETF-Simplify","SBIT":"2倍做空比特币期货ETF-Proshares","GBTC":"比特币ETF-Grayscale","UXRP":"Proshares Ultra XRP ETF","BTCI":"NEOS Bitcoin High Income ETF","ARKB":"比特币ETF-21Shares","BAGY":"Amplify Bitcoin Max Income Covered Call ETF","CBXJ":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - January","BITO":"比特币期货ETF-ProShares","BPI":"Grayscale Bitcoin Premium Income ETF","BFJL":"FT Vest Bitcoin Strategy Floor15 ETF - July","BTCL":"T-REX 2X LONG BITCOIN DAILY TARGET ETF","XRPR":"REX-OSPREY XRP ETF","QBF":"Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly","CBOY":"Calamos Bitcoin Structured Alt Protection ETF - July","HODL":"比特币ETF-VanEck","MNRS":"GRAYSCALE BITCOIN MINERS ETF","BTCO":"比特币ETF-Invesco Galaxy","CBXO":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - October","XRPT":"2倍杠杆XRP ETF-Volatility Shares","ETH":"低成本以太坊ETF-Grayscale","CBXY":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - July","BITU":"2倍做多比特币期货ETF-Proshares","BTRN":"比特币期货ETF-Global X","BTC":"Grayscale Bitcoin Mini Trust","BTCW":"比特币ETF-Wisdom Tree","XRPI":"1倍XRP ETF-Volatility Shares","EZBC":"比特币ETF-Franklin","CBTA":"Calamos Bitcoin 80 Series Structured Alt Protection ETF – April","FBTC":"比特币ETF-Fidelity","XBTY":"GraniteShares YieldBOOST Bitcoin ETF","BTCZ":"T-Rex 2X Inverse Bitcoin Daily Target ETF","BFAP":"FT Vest Bitcoin Strategy Floor15 ETF - April","DFII":"FT Cboe Vest Bitcoin Strategy & Target Income ETF","CBOA":"Calamos Bitcoin Structured Alt Protection ETF - April","BITX":"2倍比特币期货ETF-Volatility Shares","CBTJ":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - January","DEFI":"比特币期货ETF-Hashdex","CBOJ":"Calamos Bitcoin Structured Alt Protection ETF - January","SETH":"1倍做空以太币期货ETF-Proshares","BITY":"Amplify Bitcoin 2% Monthly Option Income ETF","IBIT":"比特币ETF-iShares","BK4601":"加密货币现货ETF","BITB":"比特币ETF-Bitwise","ETHI":"Defiance Leveraged Long Income Ethereum ETF","YBTC":"比特币看涨期权ETF-Roundhill","CBTO":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - October","XXRP":"2倍做多XRP ETF-Teucrium","BCCC":"Global X Bitcoin Covered Call ETF","ETQ":"T-Rex 2X Inverse Ether Daily Target ETF","CBTY":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - July"},"translate_title":"Ripple在以太币进行了超过3200万RLUSD燃烧","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BITO":0.6,"CBTA":0.6,"DEFI":0.6,"YBTC":0.6,"BITU":0.6,"CBOJ":0.6,"FBTC":0.6,"QBF":0.6,"XXRP":0.6,"BTFX":0.6,"SETH":0.6,"BITY":0.6,"BITI":0.6,"CBTY":0.6,"ESK":0.6,"ETHI":0.6,"BTCO":0.6,"BFAP":0.6,"XBTY":0.6,"BITB":0.6,"CBOO":0.6,"BCCC":0.6,"BTC":0.6,"IBIT":0.6,"BPI":0.6,"CBXA":0.6,"GBTC":0.6,"XRPK":0.6,"BTRN":0.6,"CBTO":0.6,"ETCO":0.6,"BTCI":0.6,"CBXY":0.6,"BTCW":0.6,"DFII":0.6,"XRPT":0.6,"ARKB":0.6,"EZBC":0.6,"CBOA":0.6,"BTCC":0.6,"BAGY":0.6,"BRRR":0.6,"XRPI":0.6,"CBXJ":0.6,"CBOY":0.6,"ETQ":0.6,"CBTJ":0.6,"HODL":0.6,"MAXI":0.6,"UXRP":0.6,"XRPR":0.6,"BITX":0.6,"BFJL":0.6,"BTCL":0.6,"BTCZ":0.6,"ETH":1.82,"MNRS":0.6,"TETH":0.6,"CBXO":0.6,"SBIT":0.6},"content_text":"After about a week of slowing down on its regular stablecoin burn activity, Ripple has just conducted the biggest RLUSD burn of the month.Over the last day, Ripple completed two separate RLUSD burns, which marked the fourth of such transactions recorded so far in May. The massive burn activity, which happened on the Ethereum blockchain, has attracted the attention of market watchers.RLUSD supply shrinks by 32 millionAs the Ripple stablecoin, RLUSD, continues to gain mass adoption, the team is keen on controlling its supply on both the Ethereum blockchain and the XRP ledger.While this is a common practice frequently observed by the Ripple community, the blockchain firm has successfully completed a mass transfer of 32,075,051 RLUSD tokens to null addresses where they can no longer be retrieved.Although the crypto community is very familiar with this practice, there is still rising curiosity as to the purpose and frequency of the stablecoin burn.The move aims to periodically deflate the amount of the stablecoin left in circulation, primarily controlling its value by regulating its supply while ensuring scarcity.Ripple slows on RLUSD burnsNonetheless, it appears that Ripple has slowed down on this move this month, as only four burn transactions carrying a total of about 62 million RLUSD have been conducted so far in May. This is unlike the previous months when the activity was observed more frequently.RLUSD has continued to gain adoption among large enterprises, especially companies looking to integrate stablecoins into their business model to facilitate cross-border payments.Thus, Ripple has remained keen on its endeavors to foster RLUSD adoption across the global space with multiple developments and partnerships.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2636094744","isCrawlerRequest":true}