Ripple’s Swell Blitz Continues: Coinbase Deal and $900M Revenue Run Rate Revealed

The first day of the major conference in the US began with major partnerships and announcements involving the likes of Robinhood and BNY, as well as new treasury capabilities and final OCC approval for Ripple National Trust Bank. The company behind XRP followed those developments with a major Coinbase integration and fresh figures showing how quickly its broader institutional business is expanding. Coinbase and RLUSD Ripple and the leading US exchange announced that RLUSD is now available across several of the latter’s platforms, including Coinbase Prime, the actual trading platform, and the firm’s retail app, substantially widening access to the stablecoin in the US. Retail and institutional clients can convert US dollars and other supported dollar-denominated stablecoins into RLUSD on a 1:1 basis.

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