🪀Blame It on the Rain
The XRP Stablecoin Gambit: When Digital Currency Gets Complicated If you've been scrolling through your feeds lately, you might have noticed some curious XRP ads popping up. Maybe they're promising revolutionary financial freedom, or perhaps they're hyping something called RLUSD . Before you click that "Learn More" button, let's talk about what's actually happening in the wonderfully weird world of XRP – and why it should give you pause. The Latest Chapter : RLUSD Stablecoin Ripple's RLUSD received regulatory approval in New York on Tuesday and launched on December 17, 2024. A stablecoin is supposedly a cryptocurrency that maintains a stable value, typically pegged to the US dollar. Think of it as crypto's attempt at being boring and reliable – except when it's not. The problem? XRP's track record suggests that "stable" and "Ripple" don't exactly go hand in hand. This is the same ecosystem that has spent...