🚨🚨🚨 XRP surges as Ripple launches RLUSD stablecoin… Opportunity or risk?

XRP has seen massive inflows to trading platforms as the global launch of Ripple’s RLUSD stablecoin is set to begin on Tuesday.

The USD-backed RLUSD is expected to launch on platforms like Uphold and MoonPay, with others joining soon.

Despite the 10% rise in XRP, the surge in selling threatens to push the price down by 10% to around $2.31. On the other hand, if the selling wave subsides, XRP could see a rally towards its all-time high of $2.90.

Are we looking forward to more of a rally or is this just a sell-off?

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