On December 17th, 2024, Ripple's much-anticipated RLUSD stablecoin officially launched, positioning Ripple firmly on the global financial stage. However, while the crypto world was busy watching the rollout, one bold trader made history in the most unexpected, degen way imaginable.

Ripple CTO David Schwartz had warned the community:
"There may be supply shortages in the very early days... Don't FOMO into a stablecoin! This is not an opportunity to get rich."

But this trader along with a few others had other plans.

As RLUSD trading opened on the XRP Ledger's on-chain DEX (still the OG of decentralized exchanges), @ovenbound submitted the highest bid offer on RLUSD, with a transaction valuing it at an astronomical 10,000,000,000,000,000 XRP (that's 10 quadrillion XRP, for those counting).
This offer was submitted to the ledger successfully as part of a number of other offers that followed and formed part of the very first trade of RLUSD on ledger – a historic transaction involving 35,965 RLUSD, sold through Bybit Exchange's wallet for 9.997 ETH.

The NFT: Own a Moment of Crypto History
To celebrate this historic moment, an exclusive NFT was minted by @ovenbound that immortalizes the very first RLUSD on-ledger trade.

What's Included?
• The NFT: A fun and visually iconic tribute to this epic trade – perfect for any crypto degen or collector of historic milestones. You would own that moment in time.
• The Actual RLUSD purchased in this transaction – so you own not just the bragging rights, but also the very asset that made history.

Why This Matters
While Ripple's RLUSD is designed to remain rock-steady at $1 (as all stablecoins should), its first moments of life saw wild offers, historic transactions, and unforgettable bids. This NFT isn't just a digital asset; it's a time capsule of degen ingenuity, showcasing the XRP Ledger's unmatched DEX functionality and Ripple's leap into the stablecoin space.

About RLUSD and Ripple
Ripple's RLUSD is a USD-backed stablecoin regulated by the New York Department of Financial Services (NYDFS). Launched on December 17th, it is fully tradable on the XRP Ledger's decentralized exchange, offering the utility and transparency Ripple is renowned for.

Auction Details
The auction for this one-of-a-kind NFT begins now, and the winner will secure their place in crypto history. Serious collectors, Ripple enthusiasts, and degens alike are all invited to stake their claim:
https://xrp.cafe/nft/000861A86EDC4C5CD294D81FA1EBE48AEA422F1026333297C4BE4E73040B2FA3
Auction closes on 22nd December.