According to ChainCatcher, Ripple issued an announcement on the social platform to remind users that its stablecoin Ripple USD (RLUSD) is still in the private testing phase.

Ripple said: "Although you may see on-chain activity, the token has not yet been officially released. Please be wary of anyone who claims to be able to distribute RLUSD. Please pay attention to the latest updates and be wary of potential scams."