RLUSD Treasury Burns 2,500,000 Tokens on Ethereum as Supply Adjustments Continue in February 2026
In the last 24 hours, 2,500,000 RLUSD were burned at the RLUSD treasury on Ethereum, cutting the circulating supply of Ripple's USD stablecoin. Earlier this week, a separate burn event removed 25,014,695 RLUSD across Ethereum and XRP Ledger, while recent minting activity has pushed RLUSD's market cap to $1.49 billion on XRPL and Ethereum.