🚀 Ripple's RLUSD stablecoin is set to launch soon, but CTO David Schwartz warns of initial supply constraints and price swings. Expect RLUSD to stabilize around $1 once supply and demand normalize. 📉

- A pre-launch bid valued RLUSD at over $1,200, reflecting novelty rather than true market value.

- Ripple CEO Brad Garlinghouse confirms final approval from NYDFS, with exchange listings imminent.

- RLUSD aims to enhance cross-border payments alongside XRP, boosting liquidity for financial institutions.

What are your thoughts on RLUSD's market impact? Share below!