RLUSD Launch Price Prediction: Here’s What Industry Leaders Are Saying

Quick Summary:

The stablecoin will initially be available on platforms like Uphold, MoonPay, CoinMENA, Bitso, and Archax, with plans to expand to more exchanges in the future.RLUSD is backed by U.S.dollar deposits, U.S.

However, XRP has been facing major resistance at $3 and it remains to be seen if the altcoin can cross the crucial mark today.

He added, “While such inflated prices may turn heads, volatility is expected to settle, bringing the price closer to $1 as liquidity normalizes post-launch.

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Article Details

Author / Journalist: Anjali Belgaumkar

Category: Crypto

Markets: United StatesMali

Topics: Altcoins News Ripple (XRP) Crypto news Crypto Regulations Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 09:23:07 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 286 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 24499647

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