RLUSD Burn Alert: 2.5 Million Tokens Gone on Ethereum
WikiBit 2026-02-08 01:13
In the last 24 hours, 2,500,000 RLUSD have been burned at the RLUSD treasury, according to Ripple stablecoin tracker, reducing the Ripple USD stablecoin
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Ripples RLUSD total market cap is now at $1.49 billion on XRPL and Ethereum, according to CoinMarketCap data.
Stablecoin insights teased at XRP community event
On Feb. 11 and 12, XRP holders, builders, institutions and Ripple leaders will come together for XRP Community Day 2026, a global virtual event that will celebrate XRPs increasing utility, adoption and real-world impact as well as the broader XRPL ecosystem.
Three live X Spaces are set to be hosted by Ripple, covering EMEA, Americas and APAC regions. Feb. 11 is specifically for EMEA and Americas, while Feb. 12 will cover the APAC region.
In a recent tweet, Ripple highlights a key segment of the upcoming event, “Why Stablecoins and XRP Matter Together,” featuring Jack McDonald, SVP, Stablecoins of Ripple, Lauren Berta, the head of Product, Stablecoins at Ripple, with the moderator being Matt Kreiser, the lead analyst for State of XRPL Report at Messari.
This is expected to present a clearer picture of how XRP and stablecoins complement each other.
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