June 9, 2025

Warning: Fake Ripple Stablecoin Scam Targets XRPL Users

1 min read

Scammers have begun to exploit the hype around Ripple’s anticipated stablecoin launch, circulating a counterfeit Ripple USD (RLUSD) token on the XRP Ledger (XRPL). The fraudulent activity comes ahead of the expected release of the official RLUSD, set to compete with heavyweight contenders such as Tether and Circle in the stablecoin market. Ripple President Monica

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Source: Bitcoinist

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