Ripple’s RLUSD Stablecoin: Why It Could Cost More Than $1 Initially

Quick Summary:

As the release date approaches, there are growing expectations, especially within the XRP community.

Schwartz cautioned that if someone is willing to spend a lot of money to buy a tiny fraction of RLUSD early on, they should not expect to make a profit from it.

While many are eager to get their hands on the new stablecoin, Ripple’s CTO, David Schwartz, has shared some important advice for potential buyers.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: Ripple (XRP) News Stablecoin Altcoins

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 11:39:21 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 393 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 24431189

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