Topic: #rlusd
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Ripple Cuts RLUSD Ethereum Supply to $692M in Stablecoin Rebalancing
Ripple USD (RLUSD) supply on Ethereum has fallen to $692 million from a February peak of $1.24 billion, as Ripple adjusts stablecoin circulation through burns. The shift reflects RLUSD's growing dominance on XRP Ledger, where supply has surged to roughly $800 million since end of 2024.