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Coinbase Lists Ripple's RLUSD Stablecoin, Expanding Dollar-Backed Offerings

Coinbase has added Ripple's RLUSD stablecoin to its platform, expanding its stablecoin offerings for both retail and institutional clients.

Coinbase has added Ripple's RLUSD stablecoin to its platform, expanding its stablecoin offerings for both retail and institutional clients. USDC (USDC) is trading at ₹95.15 ($0.9995). This is an original Token Times brief synthesising 3 outlets (Crypto Economy, The Crypto Basic, TronWeekly), plus live market data, as of Wed, 28 Oct 2026 18:00:01 UTC.

Why it matters

The addition of RLUSD to Coinbase's platform enhances liquidity for Ripple's stablecoin and provides users with more options for dollar-backed digital assets, potentially impacting the competitive landscape of the stablecoin market.

Covered by 3 outlets over about 2.6 h — Token Times synthesises them all into one brief
  1. The Crypto Basic
    Ripple Partners with Coinbase to Bring RLUSD to America's Largest Exchange ↗
  2. TronWeekly
    Ripple’s RLUSD Expands to Coinbase Across XRP, Ethereum, and Base ↗
  3. Crypto Economy
    Coinbase Adds Ripple's RLUSD Expanding Dollar Backed Crypto Offerings ↗
Key takeaways
  • Coinbase now supports Ripple's RLUSD stablecoin on its platform.
  • RLUSD has a market cap of $2.57B, according to DeFiLlama.
  • Coinbase's stablecoin offerings now include USDC, PYUSD, and RLUSD.
What the reporting agrees on

Both Crypto Economy and The Crypto Basic confirm that Coinbase has listed Ripple's RLUSD stablecoin, with the former providing additional details about RLUSD's market capitalization ($2.57B) and its purpose for facilitating international payments and settlements. The Crypto Basic emphasizes the partnership aspect of the listing, while Crypto Economy focuses on the broader implications for Coinbase's stablecoin offerings. No discrepancies were found in the core facts reported by the two outlets.

Coinbase has announced the addition of Ripple's RLUSD stablecoin to its trading platform, expanding its range of dollar-backed cryptocurrencies available to both retail and institutional clients. RLUSD, which was launched in December 2024, is designed to facilitate international payments and settlements, according to Ripple.

The listing of RLUSD comes as Coinbase continues to diversify its stablecoin offerings. The platform already supports other major stablecoins, including Circle's USDC, PayPal's PYUSD, and TrueUSD. This move is part of Coinbase's strategy to provide a comprehensive suite of digital asset options to its users.

According to data from DeFiLlama, RLUSD currently has a circulating supply of $2.57 billion, which is slightly lower than PayPal's PYUSD at $2.99 billion but significantly lower than USDC's $71.22 billion. The addition of RLUSD to Coinbase's platform could potentially increase its market capitalization as it gains more exposure and liquidity.

The total cryptocurrency market cap stands at $2.76 trillion, with the overall market remaining relatively flat. Bitcoin has seen a slight increase of 0.06% in the past 24 hours, while the Fear & Greed Index is at 51, indicating a neutral market sentiment. The stablecoin market, in particular, continues to be a significant area of growth and competition within the broader crypto ecosystem.

The listing of RLUSD on Coinbase is likely to have implications for the competitive landscape of the stablecoin market. It provides users with more options for dollar-backed digital assets and could potentially drive further adoption of RLUSD. Investors and traders may want to monitor the performance and adoption of RLUSD in the coming weeks to gauge its impact on the market.

Market reaction since this brief Live

Since this brief published about 2 hours ago, USDC (USDC) has moved from ₹95.14$0.9994 to ₹95.15$0.9995 — +0.01%.

$0.999$0.999$0.999$0.999$1 published · $0.999 now · $0.999 (+0.01%) Oct 28 16:01 UTC Oct 28 18:00 UTC
BeforeSince publishPublished · ₹95.14$0.9994
CoinAt publishNowSince publish
USDC₹95.14$0.9994₹95.15$0.9995+0.01%
PYUSD₹95.19$0.9999₹95.18$0.9998-0.01%
RLUSD₹95.20$1.00₹95.20$1.000.00%

The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 USDC ≈ ₹98.2 (about $0.9995), down 0.0% over 24 hours. The rupee itself trades about 3.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

USDC
#6
₹95.15$0.9995 ▼ 0.00%
7d -0.01%MCap ₹6.76TFull USDC data →
#35
₹95.18$0.9998 ▼ 0.02%
7d -0.11%MCap ₹285.95BFull PYUSD data →
#42
₹95.20$1.00 ▼ 0.00%
7d -0.00%MCap ₹245.95BFull RLUSD data →
The market when this published · October 28, 2026
Total market cap₹263.12T
Bitcoin 24h+0.06%
Ethereum 24h-0.47%
BTC dominance58.5%
Fear & Greed51 · Neutral
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 28, 2026.

USDC circulating supply$71.18BDeFiLlama ↗
PYUSD circulating supply$2.99BDeFiLlama ↗
RLUSD circulating supply$2.57BDeFiLlama ↗
Bitcoin DeFi TVL$6.33BDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Coinbase Lists Ripple's RLUSD Stablecoin, Expanding Doll — questions & answers

What is RLUSD and who developed it?

RLUSD is a U.S. dollar-backed stablecoin developed by Ripple to facilitate international payments and settlements.

How big is RLUSD's market cap compared to other stablecoins?

RLUSD's market cap is $2.57 billion, lower than USDC ($71.22B) and PYUSD ($2.99B).

Why did Coinbase add RLUSD to its platform?

Coinbase added RLUSD to provide more options for dollar-backed digital assets and to enhance liquidity for Ripple's stablecoin.

How much is 1 USDC worth in rupee today?

About ₹98.2 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9995. The rupee price moves with both USDC's US-dollar price and the USDT/INR rate; use our USDC in rupee page for any amount.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Crypto Economy, The Crypto Basic, TronWeekly, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 28, 2026 ⛓ Timestamped at Bitcoin block #973,574 sha256:58c40e6111c51bcc
Corroborated across 3 outlets, reported over about 2.6 h — this is an original Token Times summary with live market data, not the original article.The Crypto Basic · Oct 28 13:23 ↗TronWeekly · Oct 28 14:40 ↗Crypto Economy · Oct 28 16:01 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.