According to TechFlow, on September 30, Ripple issued an announcement on the social media platform, reminding users that its stablecoin Ripple USD (RLUSD) is still in the private testing phase.

Ripple said: "While you may see on-chain activity, the token has not yet been officially launched. Please be wary of anyone claiming to distribute RLUSD. Please stay tuned for the latest updates and be wary of potential scams."