$XRP Ripple delivers a big blow. On the 23rd, it burns 12 million RLUSD tokens, but everything is calculated. Right after, the same tokens are issued again. That is Ripple's strategy, which aims to position its stablecoin RLUSD among 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 is moving fast. At a dizzying speed. If the timing is right, Ripple's cryptocurrency could change the game.

The current situation of Ripple: the company with its active management strategy of RLUSD tokens demonstrates a show of dominance. Burning and issuing tokens according to demand, in response to fluctuations in demand, becomes routine. On April 23, 12 million RLUSD go up in smoke, but the amount is immediately compensated.

A juggling act to ensure the stability of the stablecoin. This approach seeks to maintain a fair balance between supply and demand, a crucial element in the world of stablecoins.

And the result? A market capitalization nearing 300 million dollars, a significant boost for Ripple. But this is just the beginning.

Platforms like Bitstamp, Kraken, and Bullish participate in the success of RLUSD, now available across a wide range of exchanges. Ripple is unafraid to play in the big leagues.