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CoinGape 2024-10-08 12:21:23

Ripple’s Stablecoin Test Leads To Token Burns, What Next For RLUSD?

Ripple Labs continues its development and testing of the Ripple USD (RLUSD) stablecoin, with the blockchain company minting millions of RLUSD tokens in recent weeks. According to the Ripple Stablecoin Tracker, the company has burned some minted stablecoins in batches. These burns included four separate transactions, each involving 115 and 120 RLUSD tokens. Ripple Burns The post Ripple’s Stablecoin Test Leads To Token Burns, What Next For RLUSD? appeared first on CoinGape .

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