According to Foresight News, Ripple has initiated the beta testing phase for its new stablecoin, RLUSD, on the Ethereum blockchain. This development marks a significant step for Ripple as it expands its offerings within the cryptocurrency ecosystem. The introduction of RLUSD aims to provide users with a stable digital asset that can be utilized across various financial applications on the Ethereum network. The beta testing phase will allow Ripple to gather feedback and make necessary adjustments before a full-scale launch. This move is expected to enhance the interoperability between Ripple's products and the broader Ethereum ecosystem, potentially increasing the adoption and utility of RLUSD in the market.