🚀 Ripple's RLUSD stablecoin is making waves before even hitting the market! Ripple CTO David Schwartz warns of potential "supply shortages" and wild volatility upon launch. Despite its 1:1 USD peg, pre-market bids are inflating its value, with one eager buyer offering a whopping 511 XRP for a single RLUSD! 😲

But fear not, Schwartz assures us the price will stabilize, urging folks not to FOMO into this stablecoin frenzy. With final approval from NY regulators, RLUSD is set to launch soon, enhancing Ripple's cross-border payment solutions.

What are your thoughts on RLUSD's debut? Share below! 👇