$XRP BURNS 10M RLUSD — TOKENIZED U.S. TREASURY BILLS SURGE 52% TO $5.2B

Ripple continues reducing the supply of its dollar-pegged stablecoin RLUSD, burning a further 10 million tokens and reducing the supply by approximately 20% compared to its peak in May.

The move comes as the tokenized U.S. Treasury bill market surges 52% to a record $5.2 billion, with RWAs across all categories hitting $36.6 billion. In another sign of institutional adoption, the DTCC — which holds securities worth over $114 trillion — is beginning to test the tokenization of shares and U.S. Treasury bonds.

Around 40 major financial institutions are participating in the project, including JPMorgan, Goldman Sachs, BlackRock, Vanguard, and the NYSE.

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#Fed sees inflation easing #CLARITY Act stablecoin ban #Hyperliquid expands infrastructure partnerships #DTCC launches tokenization pilot