Ripple’s newly approved stablecoin RLUSD is drawing attention with its crypto adoption and institutional participation growth in 2024. CTO David Schwartz stated that RLUSD will maintain its value of $1, but there may be price fluctuations during the launch. Emphasizing that speculative behavior is unsustainable and will be corrected by arbitrage, Schwartz reminded that RLUSD is a stability tool. 🌐💸