Ripple recently made a significant adjustment to the supply of its stablecoin, RLUSD. Blockchain monitoring data shows that the company executed multiple token burn operations in a short period, with a single burn reaching 10 million RLUSD, marking the largest burn record since the stablecoin's launch. This operation closely follows a minting event of 69 million RLUSD earlier this month, demonstrating Ripple's high-frequency and precise strategy in liquidity management.
In addition to this large-scale burn, Ripple has also destroyed nearly 1 million RLUSD through the Ethereum network in the past few days, cumulatively reducing the circulating supply by nearly 11 million tokens. Previously, Ripple burned 4.5 million RLUSD on March 8 and added 7 million RLUSD in two tranches on March 9 to meet the needs of its payment network and institutional settlement system.
As a core stable asset in the Ripple ecosystem, the increase or decrease in the supply of RLUSD is dynamically regulated by the treasury team based on actual usage scenarios. Each minting and burning is aimed at maintaining its 1:1 peg to the US dollar while ensuring the efficient operation of cross-border payments and liquidity support. This record-breaking destruction is seen by the market as an important signal that Ripple is actively tightening liquidity and optimizing its asset structure.
Currently, RLUSD has been deployed on multiple blockchains, and the transparency and frequency of its supply chain operations demonstrate a unique governance model in the stablecoin field.