#Ripple Stablecoin Lands on Coinbase#

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Overview

Ripple's stablecoin RLUSD has officially launched on Coinbase, marking its listing on another major exchange after Bitstamp. Jack McDonald, Senior Vice President of Ripple Stablecoins, stated that the company is actively pursuing listings for RLUSD on more exchanges, including Coinbase in the United States. This indicates that Ripple is actively expanding its stablecoin business and aims for RLUSD to gain recognition and usage in more markets.

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Analysis

Ripple's stablecoin RLUSD is set to be listed on Coinbase, marking another significant step in the expansion of the stablecoin's availability across exchanges, following Bitstamp's announcement to list RLUSD on Ethereum and XRP Ledger. Jack McDonald, Senior Vice President of Ripple Stablecoins, stated that the company is actively pursuing the listing of RLUSD on more exchanges, including Coinbase in the United States. This indicates Ripple's proactive approach to expanding its stablecoin's market reach and aims to enhance RLUSD's visibility and liquidity through listings on mainstream exchanges. The listing of RLUSD will provide users with more trading options and further drive the development of the XRP ecosystem.

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Ripple stablecoin RLUSD will be listed on more exchanges, including Coinbase.

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RLUSD has been listed on Bitstamp and will be traded on Ethereum and XRP Ledger.

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Ripple is actively pushing for the market expansion of RLUSD to increase its adoption.

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The listing of RLUSD will bring more users and trading volume to Ripple.

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