Leading blockchain payments company Ripple issues a new public service announcement (PSA), notifying the general public that its stablecoin, Ripple USD (RLUSD), is still in private beta. 

Ripple noted that although network participants have seen some interesting on-chain activity related to RLUSD, the stablecoin is not yet available for public use. The company warned users to be wary of scammers, emphasizing that any claims of RLUSD distribution are likely scams.

Furthermore, Ripple encouraged crypto enthusiasts to watch for official updates and be wary of potential scams.  

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