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RLUSD Launches on Coinbase Across XRPL, Base and Ethereum

Coinbase clients can trade and manage RLUSD through retail, exchange and Prime products, while Global Exchange collateral use remains planned.

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Technical illustration

Ripple and Coinbase announced on October 28 that RLUSD is available through Coinbase Prime, Coinbase Exchange and the Coinbase retail app. Supported clients can convert U.S. dollars and other eligible dollar stablecoins into RLUSD at one-to-one value, then deposit or withdraw it on the XRP Ledger, Base and Ethereum.

The launch broadens distribution and settlement access rather than changing the stablecoin’s reserve design. Ripple says it will supply liquidity on Base. Coinbase Global Exchange availability, including use of RLUSD as collateral, is scheduled to follow, so that part should not be treated as already deployed.

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