Ripple has finally addressed the rumors surrounding its upcoming stablecoin, Ripple USD (RLUSD), revealing that it is still in private beta. The company also issued a warning to the XRP community against scams, emphasizing that RLUSD is not yet available for distribution.
Ripple finally breaks its silence on RLUSD stablecoin, revealing it is still in private beta , while warning XRP community against scams, a major crypto company based in San Francisco, has finally broken its silence regarding its upcoming digital asset innovation - Ripple USD, or RLUSD stablecoin.
PSA: Ripple USD is still in private beta, and while you may see on-chain activity, it’s not available yet. Beware of anyone claiming to distributeThe on-chain activity Ripple mentioned in its announcement relates to the stablecoin's recent mintings. The last 48 hours have been filled with reports of Ripple minting hundreds of thousands of on-chain, with approximately 800,000 coins minted, which is 99% of the total initial supply. In addition, 125,000 RLUSD were sent to the Binance wallet.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
RLUSD Ripple Stablecoin Scam Warning Private Beta
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ripple CTO Breaks Silence on RLUSD Stablecoin RumorsRipple stablecoin RLUSD moving closer to its anticipated launch
Read more »
Ripple CEO Shares Update on RLUSD Stablecoin at Major XRPL EventRipple CEO Brad Garlinghouse provided updates on Ripple USD (RLUSD) stablecoin
Read more »
Ripple stablecoin should benefit XRP since it uses latter for gas: crypto analystRipple (XRP) recently announced the launch of its stablecoin project, Ripple USD (RLUSD).
Read more »
Ripple Mints Another Batch of RLUSD Stablecoins: ReportRipple cryptocurrency giant has issued RLUSD chunk once again, no burns have been made so far
Read more »
Ripple Performs Massive 350,000 RLUSD Stablecoin Mint in 24 HoursRipple's RLUSD stablecoin is currently in private beta on XRP Ledger and Ethereum mainnet
Read more »
Ripple Issues Big New RLUSD Batch Ahead of Stablecoin LaunchRipple continues to toy with its RLUSD stablecoins by burning and minting trial stashes ahead of launch
Read more »