Investment
Features
FeesSafety
Academy
More
Pluang+

Ripple reduces RLUSD stablecoin supply on Ethereum to $692M amid token burns.

Protocol Fundamentals
10 Jul 2026
UToday
View Source
Bullish
pluang ai news

Ripple has decreased the circulating supply of its RLUSD stablecoin on the Ethereum network to about $692 million, down from a peak of $1.24 billion in February. This reduction is due to ongoing token burns, with $115.4 million burned and $49.3 million minted in the past week. Meanwhile, RLUSD supply on the XRP Ledger has grown significantly, surpassing Ethereum's supply for the first time, reaching about $800 million. Ripple also recently received a Crypto Asset Service Provider license in Luxembourg, confirming its compliance with European regulations and enabling broader institutional use of XRP and RLUSD across the European Economic Area.

More News (XRP)

Ripple ready to scale European crypto business after full MiCA approval

Ripple ready to scale European crypto business after full MiCA approval

Ripple has secured full MiCA authorization, enabling it to expand its regulated crypto payments and stablecoin services across all 30 European Economic Area countries. This regulatory milestone shifts Ripple's focus from gaining approvals to scaling ...

Market News
Bullish
4 hours ago
Crypto market cap jumps to $2.9T; Bitcoin tops $65K, Cardano and privacy coins lead gains, XRP falls.

Crypto market cap jumps to $2.9T; Bitcoin tops $65K, Cardano and privacy coins lead gains, XRP falls.

In the first week of August 2026, the cryptocurrency market surged with total capitalization rising from under $2.2 trillion to $2.9 trillion. Bitcoin led the rally, climbing over 3% to surpass $65,300 despite regulatory setbacks from the U.S. Senate...

Market News
Bullish
8 hours ago
XRP rebounds against Bitcoin after hitting oversold levels, signaling potential recovery.

XRP rebounds against Bitcoin after hitting oversold levels, signaling potential recovery.

XRP reversed its decline against Bitcoin after five days, bouncing back from oversold conditions indicated by the RSI dropping to 25 before recovering to 35. This rebound suggests XRP might be regaining strength relative to Bitcoin, though the RSI re...

Market News
Bullish
13 hours ago
XRP tokens on Binance surge past 2.6 billion as XRP drops to 6th largest crypto by market cap.

XRP tokens on Binance surge past 2.6 billion as XRP drops to 6th largest crypto by market cap.

The amount of XRP tokens available for sale on Binance has risen sharply to 2.61 billion amid increased sell pressure and market volatility. This surge reflects declining investor confidence as XRP's price fell, causing its market capitalization to d...

Market News
Bearish
14 hours ago
Singapore hosts SingHacks 2026 fintech hackathon with $10K prize, backed by Ripple and Julius Baer.

Singapore hosts SingHacks 2026 fintech hackathon with $10K prize, backed by Ripple and Julius Baer.

SingHacks 2026, a fintech hackathon in Singapore on September 4-5, brings developers together to solve real-world challenges in payments, financial infrastructure, and digital assets. Sponsored by RippleX and Julius Baer, the event offers $10,000 in ...

Protocol Fundamentals
Bullish
15 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App