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Ripple adjusts its RLUSD supply: 12 million tokens burned to stabilize the market
In April 2025, Ripple makes a strong move. On the 23rd, it burns 12 million RLUSD tokens, but everything is calculated. Right after, the same tokens are minted again. This is Ripple's strategy, which aims to place its stablecoin RLUSD in the top 5 stablecoins by the end of the year. The mission is clear: to shake up the market dominated by giants like Tether and USD Coin. And it's happening fast. At a dizzying speed. If the timing is right, Ripple's cryptocurrency could very well change the game.
In short
Ripple burns and mints RLUSD tokens to adjust supply in response to demand.
RLUSD aims for the top 5 stablecoins by market capitalization by the end of the year.
Ripple already has a market capitalization of nearly 300 million dollars.
