_🚨⚠️🚨Ripple Sounds Alarm: Beware of RLUSD Stablecoin Scams_ ⚠️

$XRP $RLC $MASK 🌏⤴️🪙

_Critical Clarification and Warning_

Ripple has issued a crucial update regarding its upcoming stablecoin, RLUSD. The company warns users to exercise caution due to potential scams.

_Key Points to Note:_

- RLUSD is still in *private beta* 📊 and not available for public use

- *Beware of scams*: Ripple warns users to be cautious of anyone claiming to distribute RLUSD or promoting fake giveaways 🚫

- *On-chain activity is part of testing*: Recent minting of 800,000 RLUSD tokens is part of private beta testing 💻

- *Launch on XRP Ledger faces delays*: Functionality issues due to clawback feature cause delays ⏱

_Ripple's Warning:_

"We urge users to remain cautious and not engage with anyone claiming to distribute RLUSD or promoting fake giveaways." - Ripple Official Statement

_Protect Yourself:_

- Verify information through official Ripple channels

- Be wary of unsolicited messages or emails

- Avoid sharing personal or financial information

_Stay Informed:_

Follow Ripple's official updates for RLUSD's launch and developments.

_Disclaimer:_

This article is for informational purposes only and should not be considered investment advice.

_Sources:_

[1] Ripple Official Statement

[2] RLUSD Update

[3] Crypto Market Insights

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