Within the last 24 hours, more than 59 million Ripple USD tokens were burned at the $RLUSD treasury on the $XRP Ledger.
A trend of increasing $RLUSD activity is usually spotted at the month’s end. Along these lines, burn and minting activity has revolved around more than 118 million $RLUSD tokens in the last 24 hours.
🔥🔥🔥🔥🔥🔥🔥 59,364,323 #$RLUSD burned at $RLUSD Treasury.https://t.co/3eTOpzgGcQ
— Ripple Stablecoin Tracker (@RL_Tracker) April 27, 2026
Ripple Stablecoin Tracker, which tracks $RLUSD activity on the $XRP Ledger and Ethereum blockchain, reported three transactions in the last 24 hours.
This activity was performed on the $XRP Ledger: 59,364,323 $RLUSD was burned at the $RLUSD Treasury after its earlier mint. The other two transactions are 59,364,323 $RLUSD minted at $RLUSD Treasury and 10,000,022 $RLUSD minted at $RLUSD Treasury.
$RLUSD month-end activity ramps up
Vet, an $XRP validator, highlights a trend of increasing activity for $RLUSD toward the month’s end.
In a tweet, Vet noted that the $RLUSD mint/burn pattern is holding up, highlighting increased issuer activity on the $XRP Ledger as the month wraps up. Vet believes that April’s surge in month-end activity is yet to be seen, as this pattern would fall into the $XRP Las Vegas event scheduled to be held from April 30 to May 1, 2026.
Recent days have seen an increase in $RLUSD mint and burn events. On April 25, a total of 25 million $RLUSD were minted on the Ethereum blockchain in two transactions, 13 and 12 million $RLUSD each.
The same trend was seen on April 24 when millions of $RLUSD were minted on the Ethereum blockchain. Ripple Stablecoin Tracker reported four transactions in this regard: 13,975,000 $RLUSD, 12,750,000 $RLUSD, 14,000,000 $RLUSD and 15,000,000 $RLUSD were minted at $RLUSD Treasury.
On April 23, 25,000,000 $RLUSD was minted at $RLUSD Treasury on the Ethereum blockchain; 12,000,000 $RLUSD was minted at $RLUSD Treasury on the $XRP Ledger.
