Will XRP tokens be burned?

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The XRP burning mechanism is engineered with sustainability in mind. This feature ensures its resilience, even when dealing with a substantial volume of cross-border payments. The mechanism is integral to maintaining the efficiency and stability of the XRP Ledger.

Every transaction conducted on the XRP Ledger is subject to a small fee. This fee is denominated in XRP and serves as a critical component of the network's operational framework. By imposing this minimal charge, the XRP Ledger is able to sustain itself and continue facilitating seamless transactions.

The fee, once paid, is permanently removed from circulation. This process, known as burning, helps to reduce the overall supply of XRP over time. In turn, this scarcity can potentially lead to an increase in the value of XRP, as demand remains relatively constant or grows.

Notably, the fee applies to all transactions on the XRP Ledger, regardless of the asset involved. For instance, when individuals or entities transact using RLUSD or any other asset on the ledger, they are still required to pay the minimal fee in XRP. This uniformity ensures fairness and consistency across the network.