#Ripple Stablecoin Lands on Coinbase#
Hot Topic Overview
Overview
Ripple's stablecoin RLUSD has been making waves recently, with executives publicly stating that it will be listed on more exchanges, including Coinbase in the US. This week, Bitstamp announced it would list RLUSD on both Ethereum and the XRP Ledger. This signifies Ripple's proactive efforts to gain wider market recognition for its stablecoin and its ambition to expand its user base and trading volume by listing on mainstream exchanges like Coinbase.
Ace Hot Topic Analysis
Analysis
Ripple's stablecoin RLUSD has officially launched on Coinbase exchange, marking a significant step in its expansion within the cryptocurrency market. Jack McDonald, Senior Vice President of Ripple Stablecoins, stated that the company plans to list RLUSD on more exchanges, including Coinbase. Previously, RLUSD was already listed on Bitstamp exchange and supports both Ethereum and XRP Ledger networks. This move indicates Ripple's active push to popularize its stablecoin and position it as a broader payment and settlement solution. Coinbase, being a leading global cryptocurrency exchange, its support for RLUSD will further enhance the stablecoin's visibility and credibility, paving the way for its adoption in a wider market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Ripple stablecoin RLUSD will be listed on more exchanges such as Coinbase
RLUSD has been listed on Bitstamp and will be launched on Ethereum and XRP Ledger
Ripple is actively promoting the market expansion of RLUSD
The listing of RLUSD will further enhance Ripple's influence