Ripple's RLUSD is coming to Coinbase!
@Coinbase is listing
@Ripple’s $RLUSD stablecoin on its retail application, order book network, and Coinbase Prime custody platform.
This will enable users to convert USD to any USD-backed stablecoins 1:1.
This listing enables multi-chain clearing on
@XRP Ledger,
@Ethereum, and
@Base. Ripple will also add balance sheet liquidity on Base to increase on-chain market depth and liquidity.
This partnership allows RLUSD to be listed on one of the largest US-regulated institutional broker-dealers, with a circulating supply of $2.4 billion.