Ripple USD (RLUSD) has seen significant activity in the last 24 hours, with a substantial number of tokens burned and minted.
Over 29 million RLUSD tokens have been burned in recent hours in two transactions.
Ripple stablecoin tracker reports these two burn transactions, which took place on the Ethereum blockchain in a recent tweet: 20,000,000 RLUSD and 9,900,000 RLUSD tokens were burned at the RLUSD Treasury.
HOT Stories
Steve Aoki Liquidates Four-Year SHIB Position in Gemini, XRP ETF Flows Decline 84% as Ethereum Interest Rises, Bitcoin’s Long-Term Outlook by Expert Trader Remains Bullish: Morning Crypto Report
XRP Facing Extreme Levels of FUD
This followed a series of minting events, during which 18.9 million RLUSD were minted in the last 24 hours. Ripple Stablecoin tracker reported the two separate transactions wherein the said quantity of RLUSD was minted: “9,000,000 RLUSD and 9,900,000 RLUSD tokens minted at RLUSD Treasury.”
The last few days have seen significant RLUSD minting. On April 12, 9,990,000 RLUSD were minted on the Ethereum blockchain. April 10 saw substantial activity, with 23 million RLUSD added to Ethereum supply and 8 million RLUSD burned. Meanwhile, 2 million RLUSD were burned on the XRP Ledger, the transaction hash revealed.
$1.5 quadrillion stablecoin prediction emerges
According to Chainalysis, stablecoins processed $28 trillion in real economic volume in 2025. If the current baseline growth continues with no additional catalysts, Chainalysis projects volumes could hit $719 trillion by 2035.
By 2035, that figure is projected to reach $1.5 quadrillion under additional catalysts, surpassing today’s entire cross-border payments market.
The report highlights an estimated $100 trillion global intergenerational wealth transfer beginning in 2028 as a key driver, as millennials and Gen Z show significantly increasing adoption of crypto assets. It also projects that stablecoin payment processing volume could reach parity with traditional networks such as Visa between 2031 and 2039.
“Factor in these catalysts, and our projections change: 2035 volumes could approach $1.5 quadrillion, a figure that would surpass the estimated $1 quadrillion in global cross-border payments today,” Chainalysis wrote
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Ledger Records $1.1B Net Inflows Over 30 Days, Surpassing Ethereum's $879M
Gate News message, April 25 — XRP Ledger topped all major blockchains (excluding stablecoins) in net capital inflows over the past 30 days, drawing $1.1 billion according to data from RWA.xyz. Ethereum trailed at approximately $879 million in inflows, followed by Stellar with $643 million and BNB
GateNews33m ago
If ETH Breaks $2,421, Major CEX Short Liquidations Could Reach $493M
Gate News message, April 25 — According to Coinglass data, if Ethereum breaks above $2,421, cumulative short liquidations across major centralized exchanges could reach $493 million.
Conversely, if ETH drops below $2,212, cumulative long liquidations across major CEXs could reach $482 million.
GateNews51m ago
Aave, Kelp, LayerZero seek $71M frozen ETH release on Arbitrum
A coalition of major DeFi protocols filed a Constitutional AIP on the Arbitrum forum Saturday morning requesting the network's DAO release approximately $71 million in frozen ETH to support DeFi United, a cross-protocol relief effort organized following the $292 million Kelp DAO exploit. Aave Labs l
CryptoFrontier2h ago
OpenSea CMO Adam Hollander Buys uPEG, Ethereum Token Surges Over 300%
Gate News message, April 25 — OpenSea CMO Adam Hollander purchased a small amount of uPEG, an Ethereum-based token, this evening, stating he was "simply interested in the concept and wanted to experiment." The purchase triggered a sharp rally, with uPEG surging over 300% in a short
GateNews5h ago
Ethereum Foundation Sells 10,000 ETH to Bitmine for Nearly $24 Million
Gate News message, April 25 — The Ethereum Foundation sold 10,000 ether to Bitmine Immersion Technologies on Friday, finalizing an over-the-counter deal at an average price of $2,387 per ETH, totaling approximately $23.87 million. The sale will fund the EF's core operations and activities, including
GateNews5h ago
GSR Debuts BESO ETF With Bitcoin, Ethereum, Solana
GSR debuts BESO ETF with active strategy, adjusting Bitcoin, Ether, and Solana allocations weekly to outperform benchmarks.
ETF records nearly $5M in first-day volume, signaling early investor interest in diversified crypto investment products.
Launch aligns with growing ETF momentum as
CryptoFrontNews5h ago
