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Ripple RLUSD investors warned against FOMO as stablecoin trades well above peg pre-launch

  • 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.

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