🚀 Ripple's CTO, David Schwartz, has a message for crypto enthusiasts: don't FOMO into Ripple's shiny new stablecoin, RLUSD! Despite some early birds willing to pay a whopping $1,200 for a fraction of RLUSD, Schwartz assures us that the price will settle near $1 once supply catches up. Ripple's CEO, Brad Garlinghouse, announced RLUSD's green light from New York regulators, with plans to use it alongside XRP for global payments. So, while RLUSD may cause a ripple in the market, remember: stablecoins aren't your ticket to moon riches! 🌕
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