Beware of Fake Ripple USD (RLUSD) Tokens Circulating on XRP Ledger Ahead of Official 2024 Launch

As anticipation grows around Ripple’s forthcoming stablecoin, scammers have seized the opportunity to circulate a counterfeit Ripple USD (RLUSD) token on the XRP Ledger (XRPL). Ripple aims to position RLUSD as a heavyweight competitor to industry giants like Tether and Circle in the stablecoin market, though it has yet to launch. Ripple’s President, Monica Long,

Source: CoinOtag