🎉💊👟Ripple is rushing to launch RLUSD stablecoin: what's behind the urgency?
1. Competition 🚀: The stablecoin market is already saturated with big players like Tether (USDT) and USD Coin (USDC), and Ripple doesn't want to be left behind. The stablecoin will help them strengthen their position in the crypto world and attract more users and partners.
2. Partnerships 🤝: Ripple has several large partners who want to start working with their stablecoin right after the launch.
3. New revenue stream 💰: The stablecoin is a new product that could become an important source of income for the company.
4. The impact of the holidays 🎄: Schwartz himself admitted that with Christmas and New Year approaching, many people will find it more difficult to work.
5. And most importantly, since XRP is on the 🧏♂️ rumor, we urgently need to strike while the iron is hot. So that more "lop-eared" people fly in on the highs 🙄
