CryptoExchange Burns $128M RLUSD on XRPL
Gemini burns $128M RLUSD on XRPL, cutting supply to $189M. The redemption process reflects a significant shift in RLUSD's network balance and liquidity flows.
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3 articles tagged with “gemini”
CryptoGemini burns $128M RLUSD on XRPL, cutting supply to $189M. The redemption process reflects a significant shift in RLUSD's network balance and liquidity flows.
BitcoinThe Winklevoss twins have funneled BTC and ETH into Gemini, securing loans from third-party lenders. This move has had significant implications for retail investors, who have seen the value of their shares plummet.
RegulationRipple burns nearly 180M RLUSD in historic move, marking largest supply contraction. The burn responds to Gemini's massive liquidity redemptions.