Ripple’s RLUSD Burn: 10 Million Coins Gone, But Where’s the Champagne?
And here we were, all primed for another day of speculative frenzy, when suddenly-poof-a million RLUSD vanishes into the ether. How very quaint, if slightly alarming, for a stablecoin to behave like a mischievous toddler with a matchstick.

![A concentration-adjusted slippage analysis across 184 tokens reveals a pronounced liquidity risk within the most extreme 5% of observations, demarcated by a [latex]\mathrm{SaR}^{\mathrm{adj}}(0.95)=3.47\%[/latex] threshold, suggesting heightened vulnerability in those specific assets.](https://arxiv.org/html/2603.09164v1/figure1_slippage_distribution.png)


