๐ Ripple's gearing up to launch a stablecoin, Ripple USD (RLUSD), in 2024 on the XRP Ledger and Ethereum. Despite some shade from the SEC, Ripple's not backing down.
๐ฎ XRP's price might be down, but some crypto gurus see this as a prime buying opportunity.
๐ฐ RLUSD aims to bridge traditional finance and crypto, but the SEC's already labeled it an "unregistered crypto asset." Ripple and the SEC have a history, with a lawsuit over XRP sales still ongoing.
๐ก Want to know more about Ripple vs. SEC? Check out our video below.
๐ XRP's currently trading at around $0.47, but some analysts believe it's a good time to buy. The XRP RSI, which measures price movement speed and change, is at 42, suggesting potential movement.
๐ฃ๏ธ What are your thoughts on Ripple's moves and the XRP price outlook? Let's chat below! #Ripple #XRP #CryptoNews