"Ripple's warning about RLUSD and XRP"

RLUSD, which has received its final approval from the New York Department of Financial Services, is ushering in a new era in Ripple's global payment solutions. According to Ripple CEO Brad Garlinghouse, the stablecoin will be launched "soon" and will be used alongside XRP.

A New Era Begins for the Ripple Ecosystem

An important milestone is approaching in the Ripple ecosystem. With the launch of the RLUSD stablecoin, the company aims to enhance its strength in cross-border payments.

David Schwartz pointed out in a post on X (formerly Twitter) that some investors have made unusual offers for RLUSD. Schwartz stated, "We see that one investor is willing to pay $1,200 for the honor of being the first to acquire RLUSD."

Ripple's Chief Technology Officer Schwartz emphasized that the stablecoin's price will return to the $1 level after supply stabilizes. The CTO also warned investors not to act out of fear of missing the "RLUSD stablecoin opportunity."

The combined use of RLUSD and XRP will strengthen Ripple's global payment solutions. Company president Monica Long stated that RLUSD will have a "complementary and contributory" relationship with XRP.