David Schwartz, Ripple’s CTO, issued a warning regarding potential price volatility for RLUSD, a new USD-pegged stablecoin. This comes in when the RLUSD is heading toward its market debut while Ripple Labs gains regulatory clarity in the United States.

Schwartz highlighted pre-market bids for RLUSD reaching $1,244, driven by buyers eager to claim the “honor” of being the first to buy it.

Ripple CTO warns against FOMO at RLUSD stablecoin launch, cautioning potential price spikes above its intended $1 peg.

Ripple’s chief technology officer, David Schwartz, says there could be potential “supply shortages” in the early days of Ripple’s US Dollar-pegged stablecoin but is warning investors not to “FOMO.” In a Dec.

Ripple has finally announced that the launch of its highly-anticipated stablecoin RLUSD is all set for tomorrow. Fox Business journalist Eleanor Terrett

Ripple CTO explains why RLUSD exceeded $1,200 pre-launch, citing supply shortages and high demand, with price expected to stabilize at $1.

Ripple's CTO David Schwartz cautioned investors about potential volatility and a "supply shortage" following the launch of RLUSD.

Ripple Labs CTO David Schwartz has issued a warning to investors about potential price volatility as Ripple's RLUSD stablecoin goes live.

Ripple's RLUSD stablecoin is generating pre-launch bids up to $1,244 despite warnings from CTO David Schwartz, who emphasizes the token's intended $1 peg and cautions against speculation ahead of its imminent market debut following New York regulatory approval.

Blockchain company Ripple is releasing its own long-awaited stablecoin tomorrow after receiving approval from the New York Department of Financial Services (NYDFS) last week. The coin, named RLUSD, is an effort to advance Ripple’s goal of becoming the go-to network for international payments.

Ripple received approval to issue RLUSD from the New York State Department of Financial Services earlier this month.