Ripple is planning to expand the listing of its stablecoin, RLUSD, to more exchanges, including Coinbase. Jack McDonald, Ripple's senior vice president, highlighted the technical complexities involved in supporting different blockchains and assets. He noted that while some exchanges have partnerships with specific stablecoins, Coinbase might broaden its support. Currently, Coinbase supports several stablecoins like USDC and USDT. McDonald anticipates wider RLUSD support by 2025, emphasizing the future dominance of institutional-backed stablecoin issuers. Recently, Bitstamp began supporting RLUSD, which is approved by the NYDFS and operates on Ethereum and XRP Ledger.

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PANews reported on January 10 that Jack McDonald, senior vice president of Ripple's stablecoin, revealed that the company is planning to list its dollar-pegged stablecoin RLUSD on more exchanges, including Coinbase in the United States.
 McDonald said that promoting RLUSD to be listed on exchanges involves complex technical processes, including supporting different blockchains and their assets. In addition, he mentioned that some exchanges have economic partnerships with specific stablecoins, such as Coinbase and USDC, Binance and FDUSD, but he believes that Coinbase may gradually expand the range of stablecoins it supports. Currently, Coinbase already supports multiple stablecoins such as USDC, PAX, GUSD, PYUSD and USDT.
 McDonald expects that more exchanges will support RLUSD by the end of 2025. He also pointed out that the stablecoin market will be dominated by issuers with institutional support and compliance capabilities in the future, while small issuers will face challenges due to high compliance costs.
 This week, Bitstamp announced support for RLUSD, a stablecoin that launched on Ethereum and XRP Ledger last month and was approved by the New York State Department of Financial Services (NYDFS).

Ripple Plans to Expand RLUSD Stablecoin Listings to More Exchanges, Including Coinbase