June 30, 2026·Bearish·tokenomics

RLUSD Burns on XRPL Flip Ethereum Issuance, Market Cap Drops to $1.4B

Burns of RLUSD on the XRP Ledger caused Ethereum-based issuance of the stablecoin to surpass that on XRPL. RLUSD market cap declined to $1.4 billion, continuing its downtrend.

Detected & updated continuously · Source: Ruma

Mentioned

Ripple USD (rlusd)

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@ScamDetective5

Some major burns of RLUSD on the XRPL today, causing Ethereum issuance of RLUSD to flip the XRPL. RLUSD continues its downtrend and shrinks as a whole, down to $1.4 billion market cap. All this on the heels of the major announcement of OUSD stablecoin today. https://t.co/vd4DZ0lx5f