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Ripple recently burned over 2.7 million RUSD tokens in a significant transaction, the largest burn in weeks. The Rlusd Burn Tracker revealed a surge in token burns over the past two weeks, impacting the stablecoin’s supply. These burns are part of Ripple’s token supply cycle, responding to market dynamics. Stablecoin burns like this are common, with Tether also adjusting USDT supply. Rlusd’s total supply is around 728.7 million tokens, with a market cap of $728 million. 🌐
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