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Ripple's CTO Explains How XRP Burning Behind Ripple USD Stablecoin 🔥🚨
$XRP $BTC $ETH
The XRP Ledger is all about efficiency, but there’s more to it than that. It also has a unique mechanism called XRP burning. Every transaction, including those involving Ripple’s upcoming stablecoin RLUSD, incurs a small fee in XRP. This fee is not returned to the system; it is permanently removed from circulation. While it’s a fairly simple process — typically only about 0.00001 XRP — it has broader implications for how the network is designed and how stable it is.
The XRP Ledger is all about efficiency, but there’s more to it than that. It also has a unique mechanism called XRP burning. Every transaction, including those involving Ripple’s upcoming stablecoin RLUSD, incurs a small fee in XRP. This fee is not returned to the system; it is permanently removed from circulation. While it’s a fairly simple process — typically only about 0.00001 XRP — it has broader implications for how the network is designed and how stable it is.
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