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XRP Ledger Hit By Fake OUSD Stablecoin Scam, Community Issues Alert

Covered by 2 sources · 2 articles

2 outlets - including Crypto and Coingape - are covering this story. The launch of the Ripple-backed Open USD (OUSD) stablecoin has been overshadowed by a suspected fake issuer account that XRP Ledger validators have warned users not to trust. Validators say the listed OUSD issuer cannot be verified Accordin…

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Ripple-backed OUSD launch hit by fake issuer scam on XRP Ledger
Crypto.news Jul 2, 19:59 UTC

Ripple-backed OUSD launch hit by fake issuer scam on XRP Ledger

The launch of the Ripple-backed Open USD (OUSD) stablecoin has been overshadowed by a suspected fake issuer account that XRP Ledger validators have warned users not to trust. Validators say the listed OUSD issuer cannot be verified Accordin…

CoinGape Jul 2, 17:41 UTC

XRP Ledger Hit By Fake OUSD Stablecoin Scam, Community Issues Alert

The XRP community has been warned of a fake OUSD stablecoin scam on the XRP Ledger. This comes as on the XRPL, a suspicious wallet claiming to be the new stablecoin Open USD (OUSD) has emerged. It is a cause for concern among validators, wh…

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