📣 Ripple Advances Stablecoin Launch Strategy By Burning 185 RLUSD
Ripple is burning 185 RLUSD tokens as part of its stablecoin strategy and controlling supply amid pilot testing and regulatory compliance.
Ripple has advanced its stablecoin initiative by burning 185 Ripple USD (RLUSD) tokens from circulation. This took place in the RLUSD treasury, where the tokens were effectively taken out of circulation by being sent back to the issuer's account.
