Crypto Drama: RLUSD Supply Takes a Nosedive – What’s Going On?

In the thrilling world of crypto – where fortunes are made and lost faster than you can say “blockchain” – Bill Morgan, our resident XRP cheerleader, has brought our attention to a curious little incident involving RLUSD. Apparently, while the rest of us were busy contemplating lunch, a significant amount of RLUSD supply vanished like my motivation on a Monday morning.

According to Morgan’s latest tweet, which I assume was penned during a particularly riveting episode of his life, it appears that the grand total of RLUSD has plummeted from an impressive 1.6 billion to a mere 1.43 billion over the course of two weeks. That’s right folks, we’re talking about a decrease that could make even the most stoic accountant shed a tear.

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It seems to have passed largely unnoticed that there has been a large volume of RLUSD that has been burnt over the last two weeks, possibly its largest decrease in total volume for a year from almost 1.6 billion to 1.43 billion.

Just healthy liquidity management or something…

– bill morgan (@Belisarius2020) March 25, 2026

“Just healthy liquidity management or something…” Morgan mused, as if pondering whether he’d left the oven on while rushing to tweet this critical revelation. Who knew that burning coins could be so dramatic? Perhaps March should come with a warning label: “Caution – High Volatility Ahead!”

March sees significant RLUSD burning

This month has clearly been one for the history books when it comes to RLUSD. In the last 24 hours alone, 9.6 million RLUSD were burned across two transactions – because why not set fire to your digital assets? It’s all the rage! With transactions like 4,700,000 and 4,900,000 RLUSD being torched at the RLUSD Treasury, it’s hard not to feel a twinge of sympathy for those poor coins.

On March 24, a whopping 40,000,000 RLUSD went up in smoke at the Treasury. And just when you thought it couldn’t get any more exciting, March 23 treated us to four separate burn transactions totaling a staggering 50 million RLUSD. Somebody call the fire department!

And let’s not forget March 20, where another 9,000,000 joined the fiery frenzy, followed by various other dramatic exits from circulation on the 17th. If this were a soap opera, it would be titled “As the RLUSD Burns.”

RLUSD news

In less fiery news, Ripple is trialing its RLUSD stablecoin in Singapore’s MAS BLOOM sandbox, presumably to automate cross-border trade payments – because who wouldn’t want to complicate things with a touch of crypto magic?

Collaborating with supply chain finance firm Unloq, Ripple aims to replace the manual processes of trade finance with smart settlements on the XRP Ledger. Sounds fancy, doesn’t it? Like putting a tuxedo on a pig. And in case you missed it, RLUSD has also found a new home on the Korean crypto exchange Coinone. They grow up so fast!

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2026-03-25 19:11