Ripple burns $120M RLUSD on XRP Ledger, second-largest single-day reduction, signaling upcoming mint activity.

Ripple executed two RLUSD burn transactions on April 30, removing about $120 million from the XRP Ledger, reducing RLUSD supply there to $253 million. This burn is the second-largest single-day reduction recorded and follows a recurring monthly pattern where large burns precede early-month minting. Most RLUSD supply now resides on Ethereum, holding 82.5%, while XRP Ledger holds 17.5%. This cycle of burning and minting continues to influence RLUSD's supply distribution and market position, with the next mint expected in early May.