 ▲ Ripple (Ripple), RLUSD / ChatGPT-generated image |
Ripple’s stablecoin RLUSD has announced a major shift in supply management and system stabilization ahead of its official launch by abruptly burning 25 million tokens on the Ethereum network.
According to cryptocurrency-focused outlet U.Today on February 7 (local time), a large transaction was detected on the Ethereum (ETH) blockchain in which 25 million RLUSD were burned. The burn is analyzed as part of an ongoing private beta test as Ripple prepares to enter the enterprise stablecoin market, drawing significant attention as circulating supply changes sharply.
Ripple carried out the burn through its official treasury wallet to maintain supply-demand balance across the network. RLUSD is an asset pegged 1:1 to the U.S. dollar and is currently being tested simultaneously on Ethereum and the XRP Ledger (XRPL). Such large-scale burns are generally interpreted as efforts to clean up test-network assets or to finalize supply equilibrium ahead of a mainnet launch.
Over the past several months, Ripple has repeatedly issued and burned hundreds of millions of dollars’ worth of RLUSD while rigorously verifying network stability and regulatory compliance. To ensure transparency, RLUSD plans to publish monthly reserve attestation reports audited by third-party accounting firms, a strategy aimed at gaining a competitive edge against established players such as Tether (USDT) and USDC.
The digital asset industry views this burn as a strong signal that RLUSD’s official launch is approaching. Ripple is awaiting approvals from major financial regulators worldwide, including those in the United States, and plans to begin full-scale distribution once regulatory clarity is secured. Experts predict that combining Ripple’s vast payment network with a stablecoin could dramatically enhance cross-border remittance efficiency.
Ripple’s push into the stablecoin market is expected to inject liquidity into the crypto ecosystem while creating synergy by increasing the utility of XRP. This large Ethereum-based burn is seen as more than a simple test, representing a crucial step in assembling Ripple’s vision for future financial innovation. A successful rollout of RLUSD could become a powerful catalyst reshaping the global stablecoin market.
Disclaimer: This article is for investment reference purposes only, and no responsibility is taken for any investment losses based on its content. The information should be interpreted solely for informational purposes.