Ripple USD launches on Coinbase, expands stablecoin access across US

Ripple and Coinbase have entered into a new partnership to bring Ripple USD (RLUSD), Ripple’s stablecoin, to Coinbase’s retail and institutional platforms, expanding its presence in the U.S. market. Effective immediately, both retail and institutional clients can trade and manage RLUSD through Coinbase Prime, Coinbase Exchange, and the Coinbase retail app. The stablecoin is now accessible to a broad audience of users, allowing direct conversion between U.S. dollars, RLUSD, and other supported USD-denominated stablecoins at a one-to-one rate. The integration aims to enhance liquidity and provide more options for users across Coinbase’s established trading and custody infrastructure. In addition, there are plans to enable RLUSD as collateral for crypto wallet users on Coinbase Global Exchange, further expanding its use cases.

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