Ripple is gearing up to launch its much-awaited stablecoin, RLUSD, set for Tuesday. This announcement has sparked a bullish sentiment around the XRP token, resulting in a significant price surge. XRP has climbed over 15% in the past week, with an additional 2.60% gain in the past 24 hours, approaching the $2.50 mark.
The impending release of RLUSD, a dollar-pegged stablecoin, is seen as a potential catalyst that could push XRP prices further, possibly breaching the $3 threshold. This development has energized traders and investors, as Ripple continues to expand its influence in the crypto world.
