Ripple’s RLUSD: Beta Testing and Hype
Ripple’s highly anticipated stablecoin, RLUSD, is generating a lot of buzz within the XRP community. This buzz has led to some speculation about its development.
Ripple’s RLUSD Journey
Prominent XRP community member WrathofKahneman has addressed these rumors, emphasizing that RLUSD is still in beta testing and has not yet been officially released.
According to the Ripple Stablecoin Tracker, a significant amount of RLUSD has been minted, with the total supply reaching 1,711,030 tokens across 14 transactions. The largest issuance occurred on September 29, with 480,000 RLUSD tokens issued on the XRP Ledger (XRPL).
Despite the speculation, WrathofKahneman reassured the community that RLUSD will eventually be released to the market. He urged patience and caution against spreading misinformation.
He also asked the community members to avoid spreading unnecessary hype and focus on verified information only.
RLUSD’s Potential Impact
The XRP community remains optimistic about RLUSD’s potential impact on XRP’s price. Some speculate that if XRP matches RLUSD’s pegged value of $1, it could lead to gains.
Ripple’s stablecoin is expected to enhance the company’s presence in the digital asset space, providing a reliable and scalable solution for cross-border transactions.
As Ripple navigates its beta testing phase, the community eagerly awaits further developments and official announcements.
**Note:**
* **Don’t fall for fake airdrops:** Be aware of scams related to RLUSD.
* **Be patient:** RLUSD is still in development.
Remember, stay informed and be cautious in the crypto space.
