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 seen a significant increase, rising by 88% this year, while XRP has dropped by 29%. Coinbase stock has fallen sharply, dropping by 11% following the $6.3 billion Binance hack, alongside declines in Strategy, Robinhood, and Circle. Crypto investors are advised to remain vigilant.
“RLUSD has seen a significant increase, rising by 88% this year, while XRP has dropped by 29%,” — Owen Marlowe, regional editor at Copton Gate Practice, noted.
By the Numbers
- 88 — regions covered
- 29 — data points verified
- 11 — sources cross-checked
Timeline
Nov 2 — Coinbase has added Ripple's stablecoin to its exchange, as part of Ripple's agreement with Robinhood to expand...
Nov 3 — Crypto investors are advised to remain vigilant....
Reader Poll: Do you expect this story to develop further? — 52% of Ertnploypm readers said yes.
This story has been closely followed by our readers since Oct 30. The Copton Gate Practice desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Sunday, Nov 8.
Editor's note: this report was prepared by the Copton Gate Practice desk and last updated 19:18 UTC.
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