Ripple Burns Another 10M RLUSD Tokens Amid Ongoing Treasury Operations

Ripple has burned another 10 million RLUSD tokens as part of its ongoing treasury operations. This move reduces the circulating supply of the dollar-backed stablecoin, which has fallen by approximately 20% since its peak in May.

The latest burn adds to a series of transactions that have seen at least 80 million RLUSD burned since July 6, while 20 million tokens were minted during the same period. The sequence shows active supply management as redemptions and new issuance change the amount available onchain.

Ripple continues to expand RLUSD's use cases beyond traditional payments. The company has partnered with the x402 Foundation to support machine-to-machine payments using AI agents, which can settle transactions using blockchain-based assets like XRP and RLUSD.