Ripple CTO says to expect shortage of RLUSD at launch, but don’t FOMO
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 CTO Warns of 'FOMO' as RLUSD Stablecoin Prepares for Market Debut
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 advises against FOMO amid expected price spikes for RLUSD at launch
Ripple CTO warns against FOMO at RLUSD stablecoin launch, cautioning potential price spikes above its intended $1 peg.
Ripple announces launch of RLUSD stablecoin
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’s new stablecoin for payments will be available to trade on Tuesday
Ripple received approval to issue RLUSD from the New York State Department of Financial Services earlier this month.
Ripple to launch RLUSD stablecoin tomorrow
Ripple has finally announced that the launch of its highly-anticipated stablecoin RLUSD is all set for tomorrow. Fox Business journalist Eleanor Terrett shared that the stablecoin will initially be accessible on Uphold,
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