<p><a href="https://coinpedia.org/news/ripples-rlusd-launch-date-and-time-revealed-what-to-expect-today/" target="_blank" rel="noreferrer noopener">Ripple’s RLUSD stablecoin is set to launch</a> this Tuesday, and excitement is spreading fast across the crypto world. With listings on platforms like Uphold, MoonPay, Archax, and CoinMENA, the hype is real. But there’s a surprising twist—some buyers are paying thousands for RLUSD, even though its price is pegged at just $1.</p>   
<h2 class="wp-block-heading" id="h-people-are-already-paying-premiums-here-s-why">People Are Already Paying Premiums—Here’s Why</h2>   
<p>On-chain marketplaces like Xaman are buzzing with activity as collectors and traders rush to get their hands on RLUSD early. Some bids have gone as high as <strong>836 XRP</strong>—around <strong>$2,068</strong>—just for a small fraction of the stablecoin. Considering RLUSD’s $1 price tag, these numbers are shocking.</p>   
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   https://twitter.com/JoelKatz/status/1868329931698245843 
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<h2 class="wp-block-heading" id="strong-david-schwartz-explains-the-hype-strong"><strong>David Schwartz Explains the Hype</strong></h2>   
<p>Ripple’s CTO, David Schwartz, weighed in on the unusual bidding frenzy. In a post on Sunday, he shared an example of someone offering <strong>$1,200</strong> for just a tiny fraction of RLUSD.</p>   
<blockquote class="wp-block-quote">
  
 <p><em>“There actually is someone willing to pay $1,200 for a tiny fraction of RLUSD,”</em> Schwartz said.</p> 
</blockquote>   
<p>According to him, some buyers simply value being among the first to hold RLUSD, even if it doesn’t make much financial sense.</p>   
<h2 class="wp-block-heading" id="h-ripple-warns-of-early-price-volatility"><strong>Ripple Warns of Early Price Volatility</strong></h2>   
<p>Ripple expects some price swings when RLUSD launches, mostly due to limited early supply. This kind of volatility is normal during a token launch. Schwartz reassured the community, explaining that RLUSD’s price will stabilize as liquidity increases.</p>   
<p>So, why the chaos? It’s a mix of hype and speculation. The crypto market has seen this before—whether with new tokens or NFT drops, some people are willing to pay a premium to “own a piece of history.”</p>   
<p>Schwartz, however, had a clear message for those getting caught up in the frenzy:</p>   
<blockquote class="wp-block-quote">
  
 <p><em>“Please don’t FOMO into a stablecoin! This is not an opportunity to get rich.”</em></p> 
</blockquote>   [post_titles_links postid="393934"]   
<h2 class="wp-block-heading" id="h-what-to-expect-on-launch-day">What to Expect on Launch Day</h2>   
<p>Despite the temporary madness, Ripple has solid systems to ensure RLUSD stays pegged to $1. A reliable redemption mechanism allows the stablecoin to always be redeemed for its target price. If major price swings happen, arbitragers—traders who profit from price gaps—will step in to bring things back to normal.</p>   
<p>With Tuesday’s launch approaching, all eyes are on RLUSD. While some bumps are expected in the beginning, Ripple is confident the price will settle quickly.</p>   
<p>If you’re watching from the sidelines, remember: <strong>patience pays off</strong>. Stablecoins aren’t designed for quick profits, so avoid the hype and focus on the bigger picture.</p>   [article_inside_subscriber_shortcode title="Never Miss a Beat in the Crypto World!" description="Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more." category_name="News" category_id="6"]   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1734423758766">
  <strong class="schema-faq-question"><strong>What is Ripple’s RLUSD stablecoin?</strong></strong> 
  <p class="schema-faq-answer">RLUSD is a stablecoin launched by Ripple, pegged to $1, offering stability in the crypto market and backing from Ripple's mechanisms.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1734423765035">
  <strong class="schema-faq-question"><strong>What causes the price volatility of RLUSD?</strong></strong> 
  <p class="schema-faq-answer">Early supply shortages and speculation drive initial volatility, but the stablecoin's peg and redemption mechanisms ensure long-term stability.</p> 
 </div> 
</div>

Why Are Traders Bidding $2,000 When RLUSD Price Is $1?

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