• Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
12 August Tuesday, 2025
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • Home
  • Cryptocurrency
  • Business
  • Economy
No Result
View All Result
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
Bitcoin Bitcoin (BTC) $119,716.20 ↑ 0.90%
Ethereum Ethereum (ETH) $4,573.46 ↑ 8.62%
XRP XRP (XRP) $3.26 ↑ 4.23%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.03%
BNB BNB (BNB) $832.60 ↑ 3.92%
Solana Solana (SOL) $191.58 ↑ 9.79%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 5.73%
TRON TRON (TRX) $0.35 ↑ 2.76%
Cardano Cardano (ADA) $0.85 ↑ 9.64%
Chainlink Chainlink (LINK) $23.19 ↑ 10.55%
Hyperliquid Hyperliquid (HYPE) $45.01 ↑ 4.49%
Stellar Stellar (XLM) $0.45 ↑ 4.39%
Sui Sui (SUI) $3.87 ↑ 6.24%
Bitcoin Cash Bitcoin Cash (BCH) $618.58 ↑ 7.09%
Hedera Hedera (HBAR) $0.26 ↑ 6.52%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.03%
Avalanche Avalanche (AVAX) $24.62 ↑ 8.19%
Litecoin Litecoin (LTC) $130.77 ↑ 9.09%
Toncoin Toncoin (TON) $3.51 ↑ 4.07%
UNUS SED LEO UNUS SED LEO (LEO) $9.09 ↑ 1.23%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 5.42%
Uniswap Uniswap (UNI) $11.46 ↑ 4.54%
Polkadot Polkadot (DOT) $4.16 ↑ 8.38%
Dai Dai (DAI) $1.00 ↓ -0.03%
Cronos Cronos (CRO) $0.17 ↑ 0.17%
Ethena Ethena (ENA) $0.79 ↑ 1.19%
Pepe Pepe (PEPE) $0.00 ↑ 8.71%
Bitget Token Bitget Token (BGB) $4.45 ↑ 1.24%
Aave Aave (AAVE) $316.58 ↑ 8.42%
Monero Monero (XMR) $257.54 ↓ -4.97%
Bittensor Bittensor (TAO) $392.10 ↑ 8.86%
Ethereum Classic Ethereum Classic (ETC) $23.61 ↑ 6.29%
Mantle Mantle (MNT) $1.03 ↑ 6.51%
NEAR Protocol NEAR Protocol (NEAR) $2.80 ↑ 7.99%
Ondo Ondo (ONDO) $1.05 ↑ 6.93%
Aptos Aptos (APT) $4.84 ↑ 6.99%
Pi Pi (PI) $0.39 ↓ -2.25%
Internet Computer Internet Computer (ICP) $5.69 ↑ 6.11%
OKB OKB (OKB) $46.31 ↑ 0.45%
Kaspa Kaspa (KAS) $0.10 ↑ 9.46%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.25 ↑ 5.04%
Arbitrum Arbitrum (ARB) $0.47 ↑ 8.17%
Algorand Algorand (ALGO) $0.27 ↑ 8.14%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 2.48%
VeChain VeChain (VET) $0.03 ↑ 4.81%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.05%
Cosmos Cosmos (ATOM) $4.73 ↑ 5.50%
Render Render (RENDER) $4.04 ↑ 8.61%
Bonk Bonk (BONK) $0.00 ↑ 3.16%
GateToken GateToken (GT) $16.72 ↑ 1.26%
Worldcoin Worldcoin (WLD) $1.06 ↑ 7.71%
Sei Sei (SEI) $0.32 ↑ 6.54%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.18 ↑ 4.42%
Filecoin Filecoin (FIL) $2.64 ↑ 7.25%
Sky Sky (SKY) $0.08 ↑ 0.06%
Story Story (IP) $5.81 ↓ -6.22%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.72 ↑ 5.42%
SPX6900 SPX6900 (SPX) $1.78 ↑ 2.01%
Flare Flare (FLR) $0.02 ↑ 2.10%
Jupiter Jupiter (JUP) $0.53 ↑ 8.61%
KuCoin Token KuCoin Token (KCS) $12.00 ↑ 2.01%
Injective Injective (INJ) $14.75 ↑ 8.88%
XDC Network XDC Network (XDC) $0.09 ↑ 3.50%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.01%
Four Four (FORM) $3.79 ↓ -1.00%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 18.45%
Celestia Celestia (TIA) $1.86 ↑ 8.82%
Optimism Optimism (OP) $0.79 ↑ 5.45%
Quant Quant (QNT) $113.78 ↑ 3.69%
Lido DAO Lido DAO (LDO) $1.53 ↑ 1.78%
Stacks Stacks (STX) $0.75 ↑ 5.00%
Curve DAO Token Curve DAO Token (CRV) $0.98 ↑ 5.93%
Immutable Immutable (IMX) $0.59 ↑ 6.86%
FLOKI FLOKI (FLOKI) $0.00 ↑ 6.69%
Ethereum Name Service Ethereum Name Service (ENS) $29.34 ↑ 5.55%
Aerodrome Finance Aerodrome Finance (AERO) $1.22 ↑ 11.10%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ 0.00%
The Graph The Graph (GRT) $0.10 ↑ 9.00%
Conflux Conflux (CFX) $0.20 ↑ 1.42%
PancakeSwap PancakeSwap (CAKE) $2.86 ↑ 4.73%
dogwifhat dogwifhat (WIF) $0.99 ↑ 7.94%
Fartcoin Fartcoin (FARTCOIN) $0.97 ↑ 11.00%
PAX Gold PAX Gold (PAXG) $3,342.68 ↓ -0.08%
Pendle Pendle (PENDLE) $5.58 ↑ 5.88%
Kaia Kaia (KAIA) $0.15 ↑ 4.55%
Tezos Tezos (XTZ) $0.86 ↑ 6.28%
Sonic Sonic (S) $0.32 ↑ 5.27%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 13.37%
Raydium Raydium (RAY) $3.32 ↑ 5.84%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.35 ↑ 3.18%
Theta Network Theta Network (THETA) $0.89 ↑ 6.85%
Nexo Nexo (NEXO) $1.35 ↑ 0.62%
Vaulta Vaulta (A) $0.55 ↑ 5.22%
IOTA IOTA (IOTA) $0.21 ↑ 6.69%
Tether Gold Tether Gold (XAUt) $3,349.25 ↑ 0.13%
Gala Gala (GALA) $0.02 ↑ 7.55%
The Sandbox The Sandbox (SAND) $0.30 ↑ 6.90%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 7.91%
Morpho Morpho (MORPHO) $2.21 ↑ 8.86%
Bitcoin Bitcoin (BTC) $119,716.20 ↑ 0.90%
Ethereum Ethereum (ETH) $4,573.46 ↑ 8.62%
XRP XRP (XRP) $3.26 ↑ 4.23%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.03%
BNB BNB (BNB) $832.60 ↑ 3.92%
Solana Solana (SOL) $191.58 ↑ 9.79%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 5.73%
TRON TRON (TRX) $0.35 ↑ 2.76%
Cardano Cardano (ADA) $0.85 ↑ 9.64%
Chainlink Chainlink (LINK) $23.19 ↑ 10.55%
Hyperliquid Hyperliquid (HYPE) $45.01 ↑ 4.49%
Stellar Stellar (XLM) $0.45 ↑ 4.39%
Sui Sui (SUI) $3.87 ↑ 6.24%
Bitcoin Cash Bitcoin Cash (BCH) $618.58 ↑ 7.09%
Hedera Hedera (HBAR) $0.26 ↑ 6.52%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.03%
Avalanche Avalanche (AVAX) $24.62 ↑ 8.19%
Litecoin Litecoin (LTC) $130.77 ↑ 9.09%
Toncoin Toncoin (TON) $3.51 ↑ 4.07%
UNUS SED LEO UNUS SED LEO (LEO) $9.09 ↑ 1.23%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 5.42%
Uniswap Uniswap (UNI) $11.46 ↑ 4.54%
Polkadot Polkadot (DOT) $4.16 ↑ 8.38%
Dai Dai (DAI) $1.00 ↓ -0.03%
Cronos Cronos (CRO) $0.17 ↑ 0.17%
Ethena Ethena (ENA) $0.79 ↑ 1.19%
Pepe Pepe (PEPE) $0.00 ↑ 8.71%
Bitget Token Bitget Token (BGB) $4.45 ↑ 1.24%
Aave Aave (AAVE) $316.58 ↑ 8.42%
Monero Monero (XMR) $257.54 ↓ -4.97%
Bittensor Bittensor (TAO) $392.10 ↑ 8.86%
Ethereum Classic Ethereum Classic (ETC) $23.61 ↑ 6.29%
Mantle Mantle (MNT) $1.03 ↑ 6.51%
NEAR Protocol NEAR Protocol (NEAR) $2.80 ↑ 7.99%
Ondo Ondo (ONDO) $1.05 ↑ 6.93%
Aptos Aptos (APT) $4.84 ↑ 6.99%
Pi Pi (PI) $0.39 ↓ -2.25%
Internet Computer Internet Computer (ICP) $5.69 ↑ 6.11%
OKB OKB (OKB) $46.31 ↑ 0.45%
Kaspa Kaspa (KAS) $0.10 ↑ 9.46%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.25 ↑ 5.04%
Arbitrum Arbitrum (ARB) $0.47 ↑ 8.17%
Algorand Algorand (ALGO) $0.27 ↑ 8.14%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 2.48%
VeChain VeChain (VET) $0.03 ↑ 4.81%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.05%
Cosmos Cosmos (ATOM) $4.73 ↑ 5.50%
Render Render (RENDER) $4.04 ↑ 8.61%
Bonk Bonk (BONK) $0.00 ↑ 3.16%
GateToken GateToken (GT) $16.72 ↑ 1.26%
Worldcoin Worldcoin (WLD) $1.06 ↑ 7.71%
Sei Sei (SEI) $0.32 ↑ 6.54%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.18 ↑ 4.42%
Filecoin Filecoin (FIL) $2.64 ↑ 7.25%
Sky Sky (SKY) $0.08 ↑ 0.06%
Story Story (IP) $5.81 ↓ -6.22%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.72 ↑ 5.42%
SPX6900 SPX6900 (SPX) $1.78 ↑ 2.01%
Flare Flare (FLR) $0.02 ↑ 2.10%
Jupiter Jupiter (JUP) $0.53 ↑ 8.61%
KuCoin Token KuCoin Token (KCS) $12.00 ↑ 2.01%
Injective Injective (INJ) $14.75 ↑ 8.88%
XDC Network XDC Network (XDC) $0.09 ↑ 3.50%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.01%
Four Four (FORM) $3.79 ↓ -1.00%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 18.45%
Celestia Celestia (TIA) $1.86 ↑ 8.82%
Optimism Optimism (OP) $0.79 ↑ 5.45%
Quant Quant (QNT) $113.78 ↑ 3.69%
Lido DAO Lido DAO (LDO) $1.53 ↑ 1.78%
Stacks Stacks (STX) $0.75 ↑ 5.00%
Curve DAO Token Curve DAO Token (CRV) $0.98 ↑ 5.93%
Immutable Immutable (IMX) $0.59 ↑ 6.86%
FLOKI FLOKI (FLOKI) $0.00 ↑ 6.69%
Ethereum Name Service Ethereum Name Service (ENS) $29.34 ↑ 5.55%
Aerodrome Finance Aerodrome Finance (AERO) $1.22 ↑ 11.10%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ 0.00%
The Graph The Graph (GRT) $0.10 ↑ 9.00%
Conflux Conflux (CFX) $0.20 ↑ 1.42%
PancakeSwap PancakeSwap (CAKE) $2.86 ↑ 4.73%
dogwifhat dogwifhat (WIF) $0.99 ↑ 7.94%
Fartcoin Fartcoin (FARTCOIN) $0.97 ↑ 11.00%
PAX Gold PAX Gold (PAXG) $3,342.68 ↓ -0.08%
Pendle Pendle (PENDLE) $5.58 ↑ 5.88%
Kaia Kaia (KAIA) $0.15 ↑ 4.55%
Tezos Tezos (XTZ) $0.86 ↑ 6.28%
Sonic Sonic (S) $0.32 ↑ 5.27%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 13.37%
Raydium Raydium (RAY) $3.32 ↑ 5.84%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.35 ↑ 3.18%
Theta Network Theta Network (THETA) $0.89 ↑ 6.85%
Nexo Nexo (NEXO) $1.35 ↑ 0.62%
Vaulta Vaulta (A) $0.55 ↑ 5.22%
IOTA IOTA (IOTA) $0.21 ↑ 6.69%
Tether Gold Tether Gold (XAUt) $3,349.25 ↑ 0.13%
Gala Gala (GALA) $0.02 ↑ 7.55%
The Sandbox The Sandbox (SAND) $0.30 ↑ 6.90%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 7.91%
Morpho Morpho (MORPHO) $2.21 ↑ 8.86%
Home Cryptocurrency

Ripple Ecosystem Burns 12 Million RLUSD: What Does It Mean for the Market?

Lois Zaytsaw by Lois Zaytsaw
23 April 2025
in Cryptocurrency, News
Reading Time: 3 mins read
0
image 23 Nis 2025 19 47 03

In a notable development within the Ripple ecosystem, a total of 12 million RLUSD tokens have been permanently removed from circulation through a planned burn operation. Executed on April 22, 2025, at 02:05 AM (UTC+3), the transaction took place on the XRP Ledger and was recorded in ledger number 95,638,264, according to XRPSCAN data.

Qubetics is 728x90 1 3

The burn was executed directly from the issuing address of RLUSD, reinforcing the intent and legitimacy behind the move. The transaction fee was 0.00048 XRP, and the maximum burnable amount was reached and successfully processed.

Table of Contents

Toggle
    • YOU MAY BE INTERESTED
    • Missed Out on Neiro? Catch MoonBull Whitelist Now – The Second Chance for Top Meme Coins to Watch
    • BlackRock and Fidelity Lead $1B Ethereum ETF Inflows in a Single Day
  • Strategic Burn Aims to Reinforce RLUSD Stability
  • Ripple Network Activity Gains Momentum
  • Market Implications: More Than Just Numbers

YOU MAY BE INTERESTED

image 411

Missed Out on Neiro? Catch MoonBull Whitelist Now – The Second Chance for Top Meme Coins to Watch

12 August 2025
Spot Ethereum ETFs

BlackRock and Fidelity Lead $1B Ethereum ETF Inflows in a Single Day

12 August 2025

Strategic Burn Aims to Reinforce RLUSD Stability

Token burns in the crypto sector are typically used to reduce inflation, support price stability, or streamline token supply. In the case of RLUSD—a stablecoin built on XRP Ledger—the decision to cut supply may serve multiple strategic goals: preserving value, ensuring long-term peg stability, and promoting trust among users.

According to Turkish NY Radio, such moves often reflect an issuer’s commitment to managing supply responsibly. With RLUSD circulating within a growing but still competitive stablecoin market, any attempt to align its economic model with broader market dynamics can provide long-term resilience.

ADVERTISEMENT

Ripple Network Activity Gains Momentum

Although RLUSD is not XRP itself, its interaction with the XRP Ledger inevitably impacts the broader ecosystem. Since XRP is used to pay transaction fees on the network, burn events and stablecoin activity tend to increase network throughput, indirectly supporting XRP demand.

The burn also demonstrates that the XRP Ledger remains a preferred platform for asset issuance and management, validating its performance for high-volume transactions and programmable finance scenarios.

image 23 Nis 2025 19 47 03

Market Implications: More Than Just Numbers

While 12 million tokens may seem modest in macroeconomic terms, the symbolic value is significant. It illustrates proactive supply control—a rare but respected move in the crypto space. If followed by increased adoption or partnerships, RLUSD could evolve into a stronger player in the stablecoin arena.

For now, investors and market watchers will be closely observing whether this strategic reduction translates into price resilience, ecosystem efficiency, or growing network utility for XRP.

Source:

XRPSCAN. “Transaction Details – Ledger 95,638,264.” xrpscan.com

Ripple Labs. “XRP Ledger Documentation.” xrpl.org

Tags: Ripple ecosystemRLUSD burnstablecoin markettoken supplyXRP Ledger
Previous Post

Is Bitcoin BTC $100K Milestone Within Reach? Key Levels and Risks Ahead

Next Post

Will Crypto Banks Become Reality as OCC Opens the Door

Lois Zaytsaw

Lois Zaytsaw

Content Editor, News Meet Lois, a dynamic Crypto, Blockchain, and Finance Writer/Journalist based in the bustling metropolis of New York City. With a passion for technology and a keen understanding of finance, Lois has been covering the latest developments in the world of cryptocurrency and blockchain for several years. Her insightful articles have been featured in numerous leading publications, including The Wall Street Journal, Bloomberg, and CryptoBriefing. Lois' fascination with blockchain and cryptocurrency began during her time as a student at university, where she studied economics and computer science. She was drawn to the disruptive potential of blockchain technology to revolutionize the traditional financial industry, and since then, she has been following the latest trends and innovations in the space.

SIMILAR NEWS

image 411
Cryptocurrency

Missed Out on Neiro? Catch MoonBull Whitelist Now – The Second Chance for Top Meme Coins to Watch

12 August 2025
Spot Ethereum ETFs
News

BlackRock and Fidelity Lead $1B Ethereum ETF Inflows in a Single Day

12 August 2025
image 397
Cryptocurrency

Regret Not Buying Floki Early? MoonBull’s Whitelist Could Be Your Entry to the Next Big Meme Coins

12 August 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
DMCA
PROTECTED

Categories

  • Business
  • Cryptocurrency
  • Economy
  • en
  • News
  • Politics
  • World

Recent Posts

  • Missed Out on Neiro? Catch MoonBull Whitelist Now – The Second Chance for Top Meme Coins to Watch
  • BlackRock and Fidelity Lead $1B Ethereum ETF Inflows in a Single Day
  • Regret Not Buying Floki Early? MoonBull’s Whitelist Could Be Your Entry to the Next Big Meme Coins
  • Metaplanet Bitcoin Reserves Leap Over 18,000 BTC After Daring $61M Purchase
  • Why $115K–$118K Could Be Bitcoin’s Next Stop If CPI Surprises

Site Navigation

  • Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact

TurkishNY Radio

No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • tr Türkçe
  • en English

  • English
  • Türkçe (Turkish)