Ripple Balances RLUSD Supply with New Issuances and Burnings

Ripple has made new issuances and burnings to balance out its RLUSD supply.

According to recent records, Ripple carried out new issuance and burning operations for RLUSD ($1.00 · Live), resulting in a total of 32 million RLUSD being issued and 20 million RLUSD being burned.

In the same period, XRP saw significant price action, surging by 18.8% over the last 24 hours to reach a high of $1.24 before pulling back slightly.