Szczegóły Insights

Ripple’s new stablecoin, RLUSD, is making waves even before it officially drops. People are going nuts on on-chain marketplaces, bidding as high as 836 XRP (that’s around $2,068) just to get their hands on it early. What’s wild is that this stablecoin is supposed to be pegged to $1, so technically, folks are shelling out way more than it’s actually worth right now. Ripple’s CTO, David Schwartz, has a theory about this frenzy. He thinks some bidders just want the bragging rights of owning the very first RLUSD tokens. You know, it’s that collector’s mentality, like having the first edition of something cool. The RLUSD will officially hit the XRP Ledger on Tuesday, and it’s already set to be listed on platforms like Uphold and MoonPay. While the initial trading might be a bit chaotic with prices bouncing around due to low liquidity, the stablecoin is expected to settle at its $1 value over time. That’s because each RLUSD token will be fully redeemable for its pegged value, keeping things stable in the long run. For now, though, it’s a speculative frenzy. People are clearly betting on the hype, hoping that being early might pay off in some way. whether that’s future demand or just the cool factor of saying, “I got it first.” So, if you’re thinking about jumping in, maybe wait until the dust settles unless you’re okay with paying a premium for the novelty. Either way, RLUSD is already off to a buzzworthy start, and Tuesday’s launch should be interesting to watch. $XRP