Coinbase lists Ripple's RLUSD stablecoin following OCC approval for Ripple's national trust bank and Moody's A2 rating.
DeFi & Yields ·
Ripple has established a partnership with Coinbase to make its RLUSD stablecoin available across multiple platforms, broadening its reach to both retail and institutional participants. RLUSD's market capitalization has surpassed $2.6 billion since the stablecoin launched in late 2024, driven by adoption in payments and institutional use cases.
The integration reflects Ripple's expansion efforts announced at its Swell 2026 conference. The company projects an annualized product revenue run rate nearing $900 million by 2026, alongside growth to over 1,700 institutional users of its infrastructure. Customer numbers are expected to triple during the current year.
The partnership's near-term impact and the specific mechanisms by which Coinbase will distribute RLUSD remain unclear. It is also unknown whether the $900 million projection accounts solely for RLUSD-related revenue or encompasses Ripple's broader product suite.