Ripple’s $RLUSD stablecoin launch sparks a warning against “FOMO,” as early supply shortages could cause temporary price spikes before stabilizing near $1.
RLUSD Launch Warning: Why Ripple CTO Urges Caution Amid Initial Supply Issues
Ripple’s chief technology officer, David Schwartz, has issued a measured warning about early price volatility for the company’s U.S. dollar-backed stablecoin, RLUSD, as it prepares for launch. Posting on social media platform X on Sunday, Schwartz explained that early adopters might encounter unusual prices due to supply shortages. He shared:
As RLUSD goes live, there may be supply shortages in the very early days before the market stabilizes. There actually is someone willing to pay $1,200/RLUSD for a tiny fraction of one RLUSD.
