Major Deal Between Ripple and Coinbase: Announced Today
Photo: Bitcoin Sistemi
Ripple and Coinbase today announced a new partnership that expands RLUSD's reach in the US market. With this agreement, the stablecoin is available for trading and management on Coinbase Prime, Coinbase Exchange, and the personal app. Users will be able to convert RLUSD one-to-one from US dollars and other supported dollar stablecoins. Deposits and withdrawals will be supported via XRP Ledger, Ethereum, and Base. Ripple also announced it will provide liquidity to grow the use of RLUSD on Coinbase's Base network. This collaboration will encompass not only the exchange's integration but also the transfer of the stablecoin across different blockchains.
Source: Bitcoin Sistemi
