Ripple’s RLUSD stablecoin gains Coinbase access as Moody’s awards investment-grade rating
Ripple's RLUSD stablecoin has launched on Coinbase and its Base blockchain after Moody's assigned the token an investment-grade credit rating. The agreement announced Wednesday makes RLUSD available on Coinbase's retail and institutional trading platforms, expanding the dollar-backed cryptocurrency's distribution through the largest US crypto exchange. The development comes as Ripple expands the stablecoin's presence in… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Key Takeaways
- Ripple's RLUSD stablecoin has launched on Coinbase and its Base blockchain after Moody's assigned the token an investment-grade credit rating.
- The agreement announced Wednesday makes RLUSD available on Coinbase's retail and institutional trading platforms, expanding the dollar-backed cryptocurrency's distribution through the largest US crypto exchange.
- The development comes as Ripple expands the stablecoin's presence in… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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