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Ripple News: Gemini Burns $128M RLUSD on XRPL as Supply Falls
Gemini burned $128 million worth of Ripple USD (RLUSD) on the XRP Ledger on March 31. The move reduced RLUSD supply on XRPL and drew attention across the Ripple market. The two burns totaled $79 million and $49 million, according to data shared by XRPL validator Vet. The Ripple news said the burn wa