Ripple Burns 41 Million RLUSD in 24 Hours to Boost Adoption
News By Caroline Amosun Thu, 12/03/2026 - 15:16 Ripple conducts massive RLUSD burns, pushing a total of 41 million tokens out of circulation to boost scarcity for the asset as stablecoin demand continues to rise. Advertisement
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While Ripple has remained consistent in controlling the amount of RLUSD in circulation, it might have just conducted the largest daily RLUSD burn ever.
In the last day, Ripple recorded multiple burn transactions for RLUSD across both Ethereum and the XRP Ledger, sparking discussions across the crypto community.
41 million RLUSD out of circulation
Following consistent token burns, a total of 41 million RLUSD were sent to null addresses within 24 hours, where they can never be retrieved.
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Meanwhile, the remaining two RLUSD burns happened separately on the Ethereum blockchain. The transactions carried eight million RLUSD and three million RLUSD respectively, bringing the total burns for the day to a massive 41 million RLUSD.
While numerous amounts of the stablecoin were also minted during the same day, the practice signifies Ripple’s commitment to retain value for the token while rebalancing its liquidity and maintaining stable reserves.
RLUSD sees rising corporate adoption
The massive single-day RLUSD burn recorded yesterday has come amid the growing adoption of stablecoins across the globe. Corporate entities have continued to utilize stablecoins, especially for cross-border payments, remittances, treasury operations and on-chain settlements.
AdvertisementJust yesterday, Ripple disclosed its partnership with the global payment giant Mastercard amid efforts to bring fiat settlements on-chain.
As Ripple continues to adjust RLUSD supply across networks to support growing institutional and market demand, Mastercard has chosen to utilize the token to achieve its mission.
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