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RLUSD Launch to Trigger XRP Surge to $10, Says Expert

Author: Content Editor
Crypto influencer Levi discusses the upcoming RLUSD stablecoin from Ripple and its potential impact on XRP. He suggests that regulatory clarity and the launch of RLUSD could drive XRP to higher prices, potentially reaching $10 per coin. Levi highlights significant events surrounding XRP, including the SEC's opposition to its own chair and the minting of RLUSD. He explains the connection between RLUSD and XRP and believes RLUSD's launch will benefit the XRPL ecosystem. Levi also mentions a moment in the SEC Congressional hearing where regulatory ambiguity is questioned. He predicts that RLUSD can tap into the growing stablecoin market, making XRP more attractive for DeFi applications. RLUSD's introduction as a Ripple-backed stablecoin would attract institutional players and increase XRP's visibility. Levi predicts billions of dollars in daily trading volume, potentially leading to XRP reaching $10 per coin. However, he remains cautious, suggesting a market correction might be looming. Despite this, he believes the long-term prospects for XRP are highly favorable.

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