Rewards Hub Ripple has executed a burn of 500,000 RLUSD tokens, effectively reducing the circulating supply of the stablecoin. This move comes as RLUSD experiences heightened trading activity, with daily volumes reaching $107 million. The stablecoin is also set to expand its reach through a partnership with Wormhole, enabling integration with new Layer-2 networks.
Ripple Burns 500,000 RLUSD Tokens Amid Surging Trading Volume
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