Ripple's price is holding steady, close to its highest level of the year, ahead of the launch of the RLUSD stablecoin. Charles Hoskinson, the founder of Cardano, expressed excitement about RLUSD, potentially indicating that Cardano may host the stablecoin on its blockchain. RLUSD aims to compete with other stablecoins like Tether and USD Coin, although it faces substantial competition. The launch coincides with the XRP price's strong comeback and the anticipated changes at the SEC. Technical analysis suggests that XRP price may continue rising, potentially surpassing $3, but there is a risk of a brief pullback.



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