Ripple's RLUSD stablecoin is being transferred to unknown wallets on the Ethereum network. This comes after previous reports of tokens being burned on the Ethereum and XRP Ledger networks. RLUSD transfers were also made on the XRP Ledger network. The stablecoin is currently in testing phase and is expected to launch by the end of the year pending approval from the New York Department of Financial Services. However, the changing regulatory environment in the US may impact Ripple's plans.



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