Ripple's Chief Technology Officer David Schwartz recently stated that the stablecoin RLUSD, pegged to the US dollar, may face an "initial supply shortage" issue. Nevertheless, he advised investors not to blindly follow the crowd out of fear of missing out (FOMO).
The design goal of the RLUSD stablecoin is to maintain a 1:1 peg with the US dollar. However, there may be significant fluctuations in the early market, especially in cases of large orders. Investors should remain calm and avoid making irrational investment decisions due to market volatility.🌐💡