Ripple CTO David Schwartz warns against early speculative RLUSD purchases as prices may temporarily spike due to supply shortages and launch excitement.
RLUSD's price is expected to stabilize near its $1 peg as supply normalizes, reflecting its design as a compliant and reliable stablecoin for practical use.
Ripple is preparing to launch RLUSD stablecoin following approval from NYDFS.
Initial price spikes reaching $1,200 are driven by speculative excitement, but are unsustainable and will stabilize near $1.