Ripple CTO David Schwartz has urged potential investors to avoid panic-driven purchases of the Ripple USD (RLUSD) stablecoin before its official launch.
Schwartz warned of a possible initial supply shortage, which could cause price fluctuations for the dollar-pegged asset.
Early buyers might pay inflated prices for the novelty of owning the first RLUSD tokens, but the stablecoin's price is expected to stabilize near $1.
Schwartz emphasized that RLUSD is not designed as a speculative asset and urged investors to avoid fear-driven purchases.