Coinbase is adding Ripple’s RLUSD stablecoin to its exchange, making it available to retail and institutional users. Coverage across outlets says RLUSD is supported on the XRP Ledger, Ethereum and Base networks, with trading and account functions such as custody, deposits, withdrawals and conversion.
All sources provided describe RLUSD as maintaining a one-to-one relationship with the US dollar for conversions, including exchanges between RLUSD and other eligible dollar-denominated stablecoins or US dollars. The Block frames the move as part of a broader news period for Ripple, while NDTV also notes Coinbase Global Exchange customers may be able to use RLUSD as collateral in the future, without a stated timeline.
Channel NewsAsia’s summary is shorter but aligns with the overall development: Coinbase is launching Ripple’s stablecoin on its exchange. Together, the reports focus on availability, platform support and the conversion terms, with limited additional detail beyond potential future collateral support mentioned by NDTV.
