Ripple (XRP) is set to roll out RLUSD, a stablecoin pegged tightly to the U.S. dollar, and will challenge Tether ($USDT). Designed to hold its value at $1, this latest move aims at satisfying the growing demand for dependable blockchain payment infrastructure.
XRP CTO David Schwartz warned of potential price swings right out of the gate, urging buyers to stay patient and focus on the coin’s long-term design.
The XRP Rollercoaster & Potential Price Fluctuations
Schwartz has raised an important red flag for early investors speculating on RLUSD. He noted that supply shortages during the initial launch phase might lead to temporary price surges beyond its intended $1 peg.
“There actually is someone willing to pay $1,200/RLUSD for a tiny fraction of one RLUSD,” Schwartz said in a post on X, referencing speculative pre-launch bids.
While such inflated valuations may excite some, Schwartz assures the crypto community that these elevated prices will be short-lived.
“As soon as supply stabilizes, the price will return to very close to $1. If it doesn’t, something is very seriously wrong,” he emphasized.
Schwartz also warned against fear-driven behavior, reminding investors of the primary purpose of stablecoins.
“Please don’t FOMO into a stablecoin! Its purpose is stability, not speculation,” he added.
Early Momentum for Ripple’s RLUSD and XRP Price
While investor excitement mounts, Ripple CTO David Schwartz has stressed caution. RLUSD is not yet cleared for public trading, leaving unofficial offers risky. Ripple’s ambitions don’t stop at investor speculation; Jack McDonald sees RLUSD driving institutional use—perhaps even becoming the breakout technology for international payments.
The buzz surrounding RLUSD has also impacted the XRP price, which recently saw a significant price surge. Prices reached $2.74 earlier this month—a level not seen since January 2018—before dipping slightly to $2.52. This growth highlights the growing confidence in Ripple’s ecosystem as it evolves.
https://twitter.com/realXRPwhale/status/1869242172371075330
While RLUSD is poised to bring fresh energy to the evolving stablecoin market, Schwartz has clarified that the focus remains on stability and practical use cases. Early price volatility, though likely, will not define the stablecoin’s long-term potential. With regulatory approval already secured and additional integrations planned, RLUSD could play a key role in enhancing global payments and bridging traditional finance with blockchain technology.
One New Meme Coin That Could Breakout in 2025
Flockerz ($FLOCK) has crossed the $7 million threshold in its presale, turning heads in the crowded meme coin arena this December. This coin isn’t just another gimmick—it’s pioneering the vote-to-earn (V2E) model, rewarding users for taking an active role in decision-making.
Investors are piling in, drawn by the promise of a decentralized governance framework that could reshape meme coin dynamics.
With its funding goal within reach, anticipation mounts for Flockerz’s presale listing, likely before January. If the stars align with a Santa Claus rally, we could see a meme coin supercycle.
Known as “The People’s Meme Coin,” Flockerz ($FLOCK) quickly raised over $6.3 million in presale. It offers a unique vote-to-earn feature and exceptional staking rewards, reshaping community interaction.
Central to its design is Flockerz’s Flocktopia, a decentralized autonomous organization (DAO) that empowers every $FLOCK holder.
As it stands, 2.4 billion $FLOCK tokens (20% of the total supply) are available for presale at $0.0064523 each. Equal shares of tokens are earmarked for marketing, aiming for global exposure and exchange listings, while 10% (120 million $FLOCK) is set aside for exchange liquidity.
Interested investors can purchase $FLOCK on the website with ETH, BNB, USDT, or a bank card.
Hold on, because the $FLOCK is taking off! Join it now. Follow Flockerz on X and Telegram.
EXPLORE: Who Is Ray Dalio? Founder Of World’s Largest Hedge Fund Latest to Back Bitcoin
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