OPENING
Ripple and Coinbase announced a partnership on October 28, 2026 under which retail and institutional clients can trade and manage Ripple USD (RLUSD) through Coinbase Prime, Coinbase Exchange and the Coinbase Retail app, starting the same day. Users can convert U.S. dollars and other supported USD-denominated stablecoins into RLUSD 1:1, and deposits and withdrawals are supported on the XRP Ledger, Base and Ethereum.
KEY DETAILS
- Ripple and Coinbase announced a partnership on October 28, 2026 under which retail and institutional clients can trade and manage Ripple USD (RLUSD) through Coinbase Prime, Coinbase Exchange and the Coinbase Retail app, starting the same day.
- Users can convert U.S. dollars and other supported USD-denominated stablecoins into RLUSD 1:1, and deposits and withdrawals are supported on the XRP Ledger, Base and Ethereum.
- Availability for Coinbase Global Exchange customers, including use of RLUSD as collateral, will follow at a later date, and Ripple will provide liquidity on Base to support RLUSD.
- RLUSD launched in December 2024; Ripple says its market capitalization has surpassed $2.4 billion.
WHY IT MATTERS
A major U.S. exchange listing widens RLUSD's reach to retail and institutional users. (Analysis, not a confirmed fact.)
IMPORTANT CONTEXT
- Coinbase has historically centered its stablecoin offering on Circle's USDC and has since added others, including PayPal's PYUSD, Reuters reported.
- No timeline was given for the Coinbase Global Exchange phase.
- Market capitalization figures for RLUSD differ slightly by data source.
- This article is informational and is not financial advice. Digital assets are volatile.
SOURCE
- Primary / main source: https://ripple.com/ripple-press/ripple-and-coinbase-partner-to-expand-access-to-rlusd/
- Supporting: https://www.thestar.com.my/tech/tech-news/2026/10/28/coinbase-adds-ripple039s-stablecoin-to-its-exchange
- Supporting: https://cryptobriefing.com/coinbase-adds-ripple-rlusd-stablecoin/
- Supporting: https://www.cryptotimes.io/2026/10/28/coinbase-lists-ripples-rlusd-stablecoin-for-retail-and-institutional-users/
#RLUSD #Stablecoins #Coinbase