The launch of Ripple’s RLUSD stablecoin website has sparked renewed speculation in the XRP community about the possibility of an end to the ongoing litigation with the US Securities and Exchange Commission (SEC). Some see this move as a sign that Ripple is about to end its legal battle with the SEC.

Attorney Fred Rispoli, a strong supporter of XRP, commented on the potential ramifications of the RLUSD website going live. Rispoli said, “Any SEC issue regarding $RLUSD is the subject of another case and cannot be attributed to the current case!” said.

This comment highlights that even if the current case is over, Ripple may face new scrutiny regarding its new stablecoin initiative. Previously, blockchain firm President Monica Long had set a 2024 launch date for RLUSD. Additionally, the creation of a dedicated website indicates that the company is nearing the end of its preparation stages.

Although the exact launch date has not been announced, industry observers are closely monitoring RLUSD stablecoin development. This expectation is understandable because many XRP enthusiasts hope that the launch of RLUSD will lead to the Ripple-SEC case being resolved soon.

However, the blockchain firm may avoid the risk of a new lawsuit if a crypto-friendly administration comes in after the November elections. Presidential candidate Donald Trump has repeatedly emphasized his crypto-friendly stance. Additionally, former SEC attorney Marc Fagel thinks the agency’s approach to the crypto industry could change if a crypto-friendly candidate wins.

Former Ripple director Sean McBride increased speculation in August with a post on X about the possibility of Judge Torres’ ruling. McBride’s post received a lot of attention from the XRP community and the broader crypto community. McBride suggested there was a “50/50” chance Judge Torres would rule in August.

A user commenting on the post stated that Ripple CEO Brad Garlinghouse had previously predicted that the XRP case would be resolved by the end of the summer. McBride stated that if there is a delay in making the decision, Judge Torres will make his decision by the end of September.

However, speculations about a possible deal between Ripple and the SEC have been debunked by legal experts. Pro-XRP lawyer Bill Morgan and former SEC lawyer Marc Fagel have downgraded the likelihood of a deal.

Morgan described a potential deal as “unlikely.” He also suggested that if a deal were to happen, it would be a compromise, not a significant victory. He also noted that Ripple may face significant challenges regarding XRP sales after December 2020 and future sales of the token.

The ongoing XRP lawsuit has generated varying opinions among legal experts and token supporters. Ripple executives, particularly Brad Garlinghouse, made statements fueling speculation about a possible outcome.

Additionally, Ripple’s XRP market report for the second quarter of 2024 expressed confidence in a “fair” verdict. He stated that they think the central provision that XRP is not a security will not change.

The SEC sought a hefty $1 billion penalty (excluding interest) for the crypto firm for alleged violations. In return, Ripple agreed to pay a maximum of $10 million. This significant difference highlights the difficulty of reaching an agreement.

However, according to the latest XRP news, 1 billion XRP worth approximately $579.43 million has been unlocked. This led to an 8% decline in the XRP price, falling below the psychological support level of $0.6.

This move caused new speculation about the resolution of the Ripple-SEC case. Users online see this initiative as a way to pay fines and provide a solution.