Coinbase Lists Ripple's RLUSD Stablecoin Across Three Networks
Coinbase launched support for Ripple's RLUSD stablecoin on Tuesday across XRP Ledger, Ethereum, and Base networks. The listing is available to retail and institutional customers in supported regions with one-to-one USD conversion.
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Coinbase Adds RLUSD Across Multiple Chains
Coinbase has listed Ripple's RLUSD stablecoin with transfers enabled on XRP Ledger, Ethereum, and Base. Customers in supported regions can convert US dollars into RLUSD at a one-to-one rate and access the stablecoin through Coinbase's retail app, Coinbase Exchange, and Coinbase Prime for institutional clients.
Multi-Chain Strategy and Market Context
The three-network launch reflects a broad industry shift toward multi-chain stablecoin infrastructure. By deploying RLUSD on XRP Ledger alongside Ethereum and Base, Ripple gains exposure to retail traders on Ethereum while accessing Base's growing user base and native ecosystem, while maintaining presence on its own blockchain. The move comes as stablecoin adoption continues to expand beyond Ethereum's dominance.
Next Steps for RLUSD
RIPPLE launched RLUSD in July on XRP Ledger as a dollar-backed stablecoin. The Coinbase listing marks its largest institutional on-ramp to date and substantially broadens its distribution. The stablecoin operates independently of XRP, Ripple's native token, and is not tied to the company's broader RippleNet payment network initiatives.
Why It Matters
For Traders
RLUSD now accessible via Coinbase on three networks; traders can convert fiat directly at parity and move liquidity across XRP Ledger, Ethereum, or Base depending on transaction costs and settlement speed.
For Investors
Multi-chain deployment signals Ripple's commitment to stablecoin as a standalone business separate from XRP and positions RLUSD to compete with USDC and USDT across multiple L1s and L2s.
For Builders
DeFi protocols can now integrate RLUSD as a fiat on-ramp with Coinbase backing across three distinct settlement layers, expanding stablecoin optionality for cross-chain liquidity.
This article is for information only and is not financial advice. Read the full disclaimer.
