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Crypto Prune > News > Crypto > Altcoins > 2.5 million tokens disappear in Ethereum
Altcoins

2.5 million tokens disappear in Ethereum

5 hours ago 2 Min Read

2,500,000 in the last 24 hours $RLUSD I was burnt with $RLUSD According to the Ripple Stablecoin Tracker, the Treasury Department is reducing the supply of Ripple USD stablecoin on the Ethereum blockchain.

This trend was confirmed earlier this week, bringing the total to 25,014,695 cases. $RLUSD burnt with $RLUSD These include 15,014,695. $RLUSD 10,000,000 was burned on the Ethereum blockchain; $RLUSD burnt with $RLUSD Ministry of Finance $XRP ledger.

🔥🔥🔥🔥🔥🔥 2,500,000 #$RLUSD burnt with $RLUSD Ministry of Finance. https://t.co/dK4BMFBiBL?from=article-links

— Ripple Stablecoin Tracker (@RL_Tracker) February 7, 2026

The recent fires followed a spate of foundry incidents in early February. Total 28,200,000 $RLUSD15,000,000 $RLUSD and 59,000,000 $RLUSD was cast in $RLUSD Treasury in both three separate transactions $XRP February 2 Ledger and Ethereum Blockchain. Total 35,000,000 $RLUSD was cast in $RLUSD 10,000,000 to the Ministry of Finance on February 3rd. $RLUSD and 15,000,000 $RLUSD was minted in $XRP February 5th for Ledger and Ethereum blockchains respectively.

ripple’s $RLUSD The market capitalization of XRPL and Ethereum is currently $1.49 billion, according to data from CoinMarketCap.

Teasing Stablecoin Insights $XRP community events

On February 11th and 12th, $XRP Holders, builders, institutions, and Ripple leaders come together, $XRP Global virtual event celebrating Community Day 2026 $XRPincreasing utility, adoption, real-world impact, and broader XRPL ecosystem.

Three live X spaces will be hosted by Ripple, covering the EMEA, Americas, and APAC regions. February 11th will specifically target EMEA and the Americas, while February 12th will target the APAC region.

In a recent tweet, Ripple announced that an important part of the upcoming event “Why Stablecoins? $XRP Matter Together” will feature Jack MacDonald, SVP of Stablecoins at Ripple, Lauren Barta, Head of Product for Stablecoins at Ripple, and will be moderated by Matt Kreiser, lead analyst for Messerli’s State of XRPL report.

See also  XRP Rich List Shows Big Whales Amassed $7.7 Billion in XRP Since August

It is hoped that this will provide a clearer picture of the mechanism. $XRP Stablecoins complement each other.

TAGGED:AltcoinsAltcoins News
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