🔥Ripple CTO: $RLUSD Launch May Face Shortage, Calls for Rational Response to Avoid FOMO

Ripple's Chief Technology Officer David Schwartz stated that the upcoming dollar stablecoin $RLUSD may experience a supply shortage in its initial phase, urging investors to remain calm and not to chase prices. Currently, there are orders for $RLUSD on the Ripple wallet Xaman reaching as high as $1,200, but Schwartz emphasized that the price will ultimately return to a value of $1.