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Document Proposes How RLUSD Could Boost XRP Price to $5

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Document Proposes How RLUSD Could Boost XRP Price to $5

A community-generated document has proposed an avenue through which the Ripple stablecoin RLUSD could boost the XRP price to as high as $5. A document circulating in the XRP community presented a theory that institutions could use RLUSD to execute large XRP buy orders, potentially pushing prices as high as $5.00 in a staged example involving a $1 billion deposit.

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