{"id":4277,"date":"2024-12-16T12:37:12","date_gmt":"2024-12-16T12:37:12","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4277"},"modified":"2024-12-16T12:37:12","modified_gmt":"2024-12-16T12:37:12","slug":"rlusd-launch-is-not-an-opportunity-to-get-rich-ripple-executive-cautions","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4277","title":{"rendered":"RLUSD Launch Is &#8216;Not An Opportunity To Get Rich,&#8217; Ripple Executive Cautions"},"content":{"rendered":"<div>\n<p>Ripple Labs CTO <strong>David Schwartz<\/strong> has issued a warning to investors about potential price volatility as <strong>Ripple<\/strong>&#8216;s RLUSD <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42423570\/ripple-secures-nydfs-approval-for-rlusd-stablecoin-xrp-price-up-9\">stablecoin goes live<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>&#8220;As RLUSD goes live, there may be supply shortages in the very early days before the market stabilizes,&#8221; Schwartz <a href=\"https:\/\/x.com\/JoelKatz\/status\/1868329931698245843\">said<\/a> on Sunday on <strong>X<\/strong>.<\/p>\n<p>He pointed out that while someone might pay significantly above $1 for a fraction of an RLUSD during the launch phase, such prices are unsustainable. <\/p>\n<p>&#8220;Rest assured, the price will come back to very close to $1 as soon as supply stabilizes. If it doesn&#8217;t, something is very seriously wrong.&#8221;<\/p>\n<p>Schwartz also advised against &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42505350\/rlusd-launch-is-not-an-opportunity-to-get-rich-ripple-executive-cautions\" alt=\"RLUSD\" launch is an opportunity to get rich ripple executive cautions>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ripple Labs CTO David Schwartz has issued a warning to investors about potential price volatility as Ripple&#8216;s RLUSD stablecoin goes live. What Happened: &#8220;As RLUSD goes live, there may be supply shortages in the very early days before the market stabilizes,&#8221; Schwartz said on Sunday on X. He pointed out that while someone might pay [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4277","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4277"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4277\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}