$55.9 Million Ripple USD Burned in Seven Days Amid Quiet June Activity

$55.9 Million Ripple USD Burned in Seven Days Amid Quiet June Activity News By Tomiwabold Olajide Sun, 14/06/2026 - 9:45 Ripple USD activity declined as June progressed, with less RLUSD minted than burned. Advertisement Cover image via U.

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Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. According to the Ripple stablecoin tracker website, $55.

9 million in RLUSD was burned in the last seven days amid quiet minting and burn activity in June. Advertisement June started with significant RLUSD activity, with $127.4 million minted and $12 million burned on the first day of the month.

However, activity declined as June progressed, with less RLUSD minted than burned. In the last seven days, $55.9 million in RLUSD was burned according to the Ripple stablecoin tracker website, while $8.

8 million was minted. HOT Stories Bitcoin Mining Difficulty Plummets Nearly 10% XRP, Zcash (ZEC), Toncoin (TON), Shiba Inu (SHIB) Price Analysis for June 13: Shape of Recovery Is Clear There was less activity compared to what was seen in May, despite numerous announcements regarding RLUSD in June. Advertisement You Might Also Like Mon, 06/01/2026 - 10:40 Ripple USD (RLUSD) Stablecoin Burn Activity Drops to Zero as June Kicks off ByTomiwabold Olajide It is midway through the month; while June seems quiet on the minting and burning activity front, this cannot be said generally, as RLUSD has received noteworthy announcements in the month.

June marks key announcements for RLUSDAt June's start, RLUSD went live across ecosystems via Wormhole's Native Token Transfers (NTT), allowing it to move natively across multiple blockchain ecosystems, supporting cross-border payments, institutional on/off-ramps, and tokenization use cases. This is expected to expand access to compliant, USD-backed liquidity across supported networks for developers and institutions building onchain. Advertisement You Might Also Like Wed, 06/03/2026 - 10:52 Mastercard Adds Ripple's RLUSD to Its Settlement Network ByCaroline Amosun In June as well, payment giant Mastercard announced it will support settlement using regulated stablecoins, including Ripple's RLUSD.

According to Ripple, Mastercard's support for RLUSD and the XRP Ledger indicates increasing demand for digital assets and blockchain infrastructure that can power faster and more flexible settlement.In a separate announcement, Ripple announced that its USD-backed stablecoin Ripple USD (RLUSD) has become available to institutions in Türkiye through three new partnerships with BiLira, Bitexen and Bitlo.Building on RLUSD's momentum in Türkiye, Ripple announced Istanbul Technical University (ITU) as its latest partner in the global University Blockchain Research Initiative (UBRI).

Funded via RLUSD, this partnership will support advanced research initiatives and graduate fellowships while establishing an XRP Ledger (XRPL) validator directly on the ITU campus. #Ripple News #RLUSD Advertisement Related articles News Jun 14, 2026 - 7:48 XRP ETF Inflows Outpace Bitcoin and Ethereum for Fifth Week ByAlex Dovbnya News Jun 14, 2026 - 6:35 Bitcoin Mining Difficulty Plummets Nearly 10% ByAlex Dovbnya Advertisement Advertisement Advertisement Latest Press releases MEXC May Report: SPACEX Launchpad Oversubscribed 15.5x, US Equity Futures Volume Jumps 85% Unchained Summit and VIFC Da Nang Convene Strategic Dialogue on Positioning Da Nang as Southeast Asia's Next Digital Finance Hub Shotgun.

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