Ripple CTO: It is expected that there will be a shortage of RLUSD at launch, but there is no need for FOMO
ChainCatcher news, according to Cointelegraph, Ripple's Chief Technology Officer David Schwartz stated that the Ripple-backed stablecoin RLUSD may experience an "initial supply shortage," but there is no need for FOMO.
It is expected that the RippleUSD (RLUSD) stablecoin will experience significant volatility after its launch, despite the token's design goal of maintaining a 1:1 peg with the US dollar, there are still several large orders.
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