🚀 Ripple's RLUSD stablecoin is creating buzz ahead of its Tuesday launch! Enthusiasts are placing bids up to 836 XRP ($2068) on on-chain marketplaces, eager to be among the first to hold this new token.
- Bids range from 500 XRP ($1237) to 836 XRP ($2068), though each XRP is valued just under $2.5.
- Ripple CTO David Schwartz notes some are paying high prices for tiny fractions, likely for the novelty.
- Expect initial price fluctuations as RLUSD may not maintain its $1 peg immediately due to low liquidity.
RLUSD will debut on the XRP Ledger with listings on platforms like Uphold and MoonPay. What are your thoughts on this launch? Share in the comments!