Ripple taps Coinbase to expand RLUSD access for retail and institutional markets across XRP, Ethereum, and Base

Ripple Labs has integrated its RLUSD stablecoin into Coinbase's platforms, including Coinbase Exchange, Coinbase Prime and the retail app, giving retail and institutional customers trading and custody across Ethereum, the XRP Ledger and Base. Users can convert between U.S. dollars, other supported dollar-backed stablecoins and RLUSD at a 1:1 ratio. The move is meant to widen access to the token and add liquidity on Base, an Ethereum Layer-2 network developed by Coinbase. RLUSD launched in December 2024 and has surpassed $2.4 billion in market capitalization, making it the ninth-largest stablecoin.