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Ripple Slashes RLUSD Supply by $128 Million in Major End-of-Quarter Settlement
📰 sources⭐ 7.0
TL;DR:
Ripple's RLUSD supply plummets by $128 million during a major Q1 closing. Is the stablecoin shrinking by design or demand?
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence XRP price action and market sentiment in the near term.