Ripple Brings Its Stablecoin to Coinbase’s Trading Platforms
Ripple's stablecoin, RLUSD, is now available on Coinbase's platforms for trading and management. The partnership allows deposits and withdrawals across XRP Ledger, Ethereum, and Base. Ripple aims to end 2025 with $900M in annualized product revenue. Coinbase and Ripple highlight the demand for compliant stablecoins in institutional markets.
How this was made

The 30-second read
Why it matters
The partnership expands RLUSD's reach, potentially increasing its market share among institutional investors and driving volume on Coinbase and related crypto markets.
Market read
First‑report disclosure of a major stablecoin integration, likely to affect institutional crypto trading flows.
What to watch
competition from other USD‑pegged stablecoins and possible compliance costs for Coinbase
Background
Ripple announced that its stablecoin RLUSD is now tradable on Coinbase's Prime, Exchange, and Retail platforms, with RLUSD usable as collateral and liquidity provided on Base.
Market effects
increases institutional exposure to stablecoins and may boost crypto‑related services
U.S. crypto market sees broader adoption of RLUSD on major exchange
potentially raises global stablecoin liquidity as other venues may follow
Counterpoint
institutional demand for stablecoins may be overstated; regulatory scrutiny could limit growth
Key entities
- companyRipple
Issuer of the RLUSD stablecoin
- exchangeCoinbase
Major U.S. crypto exchange adding RLUSD to its platforms




