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Ripple CTO Warns of Potential Price Volatility for RLUSD Ahead of Launch

  • Ripple CTO, David Schwartz, warns of potential price volatility for RLUSD ahead of its launch.
  • Pre-launch speculation may lead to inflated valuations for RLUSD, but Schwartz assures that prices will stabilize around $1.
  • Schwartz urges investors not to engage in fear-of-missing-out (FOMO) behavior and emphasizes that RLUSD is designed for stability, not speculation.
  • Ripple has not announced a specific launch date for RLUSD, but recently received regulatory approval from the NYDFS.

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