Ripple has warned users to beware of scams as RLUSD is still in its private beta phase and not yet publicly available.
The launch of RLUSD on the XRP Ledger faces delays, but it may see smoother progress on Ethereum.
After Ripple minted 99% of the RLUSD Stablecoin supply, CNF highlighted the signaling of an imminent launch in the stablecoin market. As of today, the San Francisco-based crypto giant, Ripple, has finally spoken out about its much-anticipated digital asset, Ripple USD (RLUSD), after weeks of silence that allowed widespread speculation in the crypto community.
Furthermore, various unverified reports and opinions began circulating, leading to confusion regarding the stablecoin’s launch. Ripple has now released an official statement, clarifying the current status of RLUSD and addressing community concerns.
In a recent post on the X official account, Ripple confirmed that RLUSD is still in its private beta phase. The company acknowledged that while there has been on-chain ac
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