🚀 XRP is cooling down after a strong 6-week rally, down 2% to $2.3. But don’t worry, the RLUSD stablecoin is about to launch on XRPL and Ethereum could be a big boost for XRP! 💪

- RLUSD is backed by cash reserves and U.S. bonds, requiring XRP for transaction fees. Approved by NYDFS, RLUSD could gain popularity in emerging economies.

- Ripple's CTO, David Schwartz, warns about the price volatility of RLUSD upon launch, but it is expected to stabilize around $1.

- Expectations for a friendly regulatory environment and RLUSD have pushed XRP's open interest to a record high.

- The "bull flag" pattern suggests XRP's price target could reach $15, a 520% increase!

What do you think about the potential of XRP and RLUSD? Share your thoughts! 📈💬