
Ripple Mints $449M Stablecoin on XRP Ledger — Then Burns 99% of It
TL;DR Ripple issued $449.3 million in RLUSD on the XRP Ledger over 30 days, but burned $448.9 million in the same period. The 99% burn rate
Discover in our section the latest cryptocurrency news, bitcoin and the so-called altcoins (alternative crypto).
Since 2011, thanks to the standard Bitcoin open source, new cryptocurrencies known as Altcoins are beginning to emerge, that use blockchain technology as an alternative to Bitcoin, complementing their ecosystem with new algorithms and functionalities.
Some of the best known altcoins are Ethereum [ETH], Ripple [XRP], Tron [TRX] or Litecoin [LTC].
Today there are many exchange houses or crypto exchanges, where these cryptocurrencies have established themselves as a new investment market for financial assets that grows in volume and complexity every day.
Some of the best known cryptocurrency exchanges and where you can make your exchanges are: Binance, Poloniex, Kukoin, or Kraken, among others.
If you want to be informed about everything that is happening in the cryptocurrency ecosystem, be sure to visit our news.

TL;DR Ripple issued $449.3 million in RLUSD on the XRP Ledger over 30 days, but burned $448.9 million in the same period. The 99% burn rate

TL;DR David Schwartz says he now holds about 2 million XRP, down from a peak of roughly 26 million. The Ripple CTO emeritus did not explain

TL;DR: Bitcoin ETFs received $297.56M in a single day, ending three consecutive sessions of net capital outflows. BlackRock captured $160.23M and Fidelity added another $111.90M, concentrating

TL;DR Arthur Hayes is leading Flop Labs and plans a FLOP airdrop in Q4 2026. The Flop Network’s genesis block is targeted for Q1 2027, leaving

TL;DR: Expansion of the Financial Perimeter: The People’s Bank of China (PBOC) added 8 financial institutions to the digital yuan (e-CNY) network, reaching 30 authorized operating

TL;DR: Bitcoin is trading around $64,230 and has gained 1% over the last 24 hours, according to CoinMarketCap. BTC dominance over the rest of the market

TL;DR Partnership launch: Jeonbuk Bank is adopting Ripple Payments to deliver faster cross‑border transfers for business clients. Real‑time settlement: Ripple said the system enables 24/7 settlement

TL;DR: Jane Street reported $990 million in Bitcoin exchange-traded funds in its Q2 2026 Form 13F filing with the SEC. The allocation is equivalent to 15,394

TL;DR: Shiba Eternity advisor, Mazrael, confirmed on August 15 that there is no active technical migration process for tokens in the Shiba Inu ecosystem. Unauthorized accounts

TL;DR: XRP open interest on Binance rose from $181 million on August 3 to $232.7 million on August 17, 2026. The weekly open interest variation recorded
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