PANews reported on September 21st that according to an official announcement, Ronin announced that the RON token buyback will soon begin. The treasury will convert all of its ETH and USDC holdings into RON within a month. It is reported that Ronin currently holds over US$5 million in assets, including 890 ETH and 650,000 USDC. If all of them are converted into RON, it will account for approximately 1.3% of the current RON circulating supply. Ronin stated that this move aims to reduce market circulation, increase national reserves, and strengthen ties with ecosystem builders and holders. Officials emphasized that the national treasury will only conduct one-way repurchases and will not sell RON.PANews reported on September 21st that according to an official announcement, Ronin announced that the RON token buyback will soon begin. The treasury will convert all of its ETH and USDC holdings into RON within a month. It is reported that Ronin currently holds over US$5 million in assets, including 890 ETH and 650,000 USDC. If all of them are converted into RON, it will account for approximately 1.3% of the current RON circulating supply. Ronin stated that this move aims to reduce market circulation, increase national reserves, and strengthen ties with ecosystem builders and holders. Officials emphasized that the national treasury will only conduct one-way repurchases and will not sell RON.
Ronin Treasury plans to launch RON token buyback on September 29th
PANews reported on September 21st that according to an official announcement, Ronin announced that the RON token buyback will soon begin. The treasury will convert all of its ETH and USDC holdings into RON within a month. It is reported that Ronin currently holds over US$5 million in assets, including 890 ETH and 650,000 USDC. If all of them are converted into RON, it will account for approximately 1.3% of the current RON circulating supply.
Ronin stated that this move aims to reduce market circulation, increase national reserves, and strengthen ties with ecosystem builders and holders. Officials emphasized that the national treasury will only conduct one-way repurchases and will not sell RON.
Market Opportunity
USDCoin Price(USDC)
$1.0008
$1.0008$1.0008
USD
USDCoin (USDC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Sumitomo Mitsui Plans JGB Portfolio Expansion Amid Yield Changes
Sumitomo Mitsui to expand its Japanese government bond holdings following a yield rout, impacting US Treasuries.Read more...
Share
Coinstats2026/01/21 13:42
Tariff Refunds: Why Businesses and Consumers Won’t See Immediate Price Drops
The post Tariff Refunds: Why Businesses and Consumers Won’t See Immediate Price Drops appeared on BitcoinEthereumNews.com. TLDR Importers face long delays for tariff
Share
BitcoinEthereumNews2026/01/21 14:16
Sumitomo Mitsui Financial Group plans to significantly increase its holdings of Japanese government bonds, which may affect the inflow of overseas funds into US Treasury bonds.
PANews reported on January 21 that, according to Bloomberg, Sumitomo Mitsui Financial Group, Japan's second-largest bank, plans to triple its holdings of Japanese
Share
PANews2026/01/21 13:46