Ripple CTO David Schwartz warns investors amid RLUSD stablecoin anomaly
The closer we get to the end of the year, the more heightened are the expectations of crypto market participants, and in particular the XRP community, about the release of the Ripple USD stablecoin from the San Francisco-based crypto company of the same name. Previously, Ripple's CEO said that RLUSD is expected to be released in 2024, and with two weeks left until the new year, there is less and less time for the release.
In addition, the XRPL architect stated that if someone wants to spend a lot of money to get a tiny piece of RLUSD before anyone else, do not expect the price to stay above $1 once the situation stabilizes, which he believes will happen very quickly.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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