Ripple Carries Out Massive RLUSD Burns, What’s Going On?

Ripple has carried out a series of large RLUSD burns in recent weeks to remove millions of the stablecoin from circulation. According to data from the RLUSD burn tracker @RL_Tracker, more than 2. 7 million RLUSD were recently destroyed in a single transaction, the biggest burn in many weeks. Ripple Burns Massive Amounts Of RLUSD Crypto burns are not new to the crypto industry, especially when it comes to stablecoins source: https://www.newsbtc.com/news/ripple/ripple-massive-rlusd-burns/