RLUSD arrives on Coinbase across three networks
Ripple says retail and institutional customers can access RLUSD through Coinbase, with deposits and withdrawals on Base, Ethereum and XRPL.
Ripple and Coinbase announced that customers can trade and manage RLUSD through Coinbase's retail app, Exchange and Prime. Ripple says deposits and withdrawals are supported on the XRP Ledger, Base and Ethereum.
The companies describe conversion from US dollars and supported dollar-denominated stablecoins. Ripple says Coinbase Global Exchange availability, including collateral use, will follow; it did not present that later capability as already available.
More distribution can give builders and institutions another stablecoin route, but availability and redemption still depend on the platform, jurisdiction and issuer. Ripple reported RLUSD market capitalization above $2.4 billion, a different measure from usage or payment volume.