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🚀 Ripple Warns Users About RLUSD Stablecoin Scams

According to Odaily, Ripple has issued a public announcement on the X platform, alerting users that its stablecoin, Ripple USD (RLUSD), is still in a private testing phase and has not been officially released. The company advises users to be cautious of anyone claiming to distribute RLUSD and to stay updated on the latest information to avoid potential scams.

#Ripple #RLUSD #stablecoin #scams #crypto #privateTesting
🚀 Axis Launches Synthetic Dollar USDx in Private Testing Phase

Axis, a quantitative yield protocol, has announced the introduction of its synthetic dollar, USDx, and completed its initial minting valued at $10 million. According to Foresight News, the USDx is currently in the private testing phase. Following the minting process, USDx has been deployed to Axis's market-neutral arbitrage engine, which spans over 40 trading venues. This deployment aims to provide liquidity and capture market spread opportunities.

#Axis #SyntheticDollar #USDx #PrivateTesting #QuantitativeYield #Arbitrage #MarketNeutral #Liquidity #Trading #ForesightNews