Ripple’s RLUSD Stablecoin Launch Prompts “FOMO” Warning: Ripple CTO David Schwartz cautions against “FOMO” due to possible temporary price spikes caused by initial supply shortages. The RLUSD Launch Warning: Reasons for Ripple CTO’s Caution in Light of Early Supply Issues
David Schwartz, Ripple’s CTO, has issued a warning regarding potential price fluctuations for the company’s U.S.
dollar-backed stablecoin, RLUSD, in its early stages. Early supply shortages could lead to temporary price spikes before stabilizing near $1. Ripple CTO Urges Caution Amid Initial Supply Issues
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