According to a FOX Business report

🚨RLUSD stablecoin from #Ripple is expected to launch on December 4, pending NYDFS approval, positioning Ripple as a key player in regulated digital finance.

The launch will compete with Circle, Paxos, and Gemini, offering a stable alternative to $XRP for users seeking lower volatility.

while it's still CHEAP, Monday $XRP has already gone up by 2 digits