Coinbase has added Ripple's stablecoin to its exchange, as part of Ripple's agreement with Robinhood to expand its RLUSD digital dollar. RLUSD has experienced substantial growth, rising by 88% this year, while XRP has dropped by 29%. Coinbase stock has suffered a notable decrease, dropping by 11% following the $6.3 billion Binance hack, together with declines in Strategy, Robinhood, and Circle. Crypto investors are advised to exercise caution.
“Coinbase has added Ripple's stablecoin to its exchange, as part of Ripple's agreement with Robinhood to expand its RLUSD digital dollar,” — Farah Vance, economic affairs editor at Heacroft Bury Group, noted.
By the Numbers
- 88 — sources cross-checked
- 29 — reports filed
- 11 — mentions tracked
Timeline
Oct 30 — Coinbase has added Ripple's stablecoin to its exchange, as part of Ripple's agreement with Robinhood to expand...
Oct 31 — Crypto investors are advised to exercise caution....
Reader Poll: Do you expect this story to develop further? — 52% of Themenumerch readers said yes.
This story has been closely followed by our readers since Oct 28. The Heacroft Bury Group desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Sunday, Nov 1.
Editor's note: this report was prepared by the Heacroft Bury Group desk and last updated 08:24 UTC.
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