FeesSafety
Pluang+

Coinbase lists Ripple USD stablecoin, challenging Kraken's dominance in US regulated crypto market.

Market News
28 Oct 2026, 17:37 WIB
UToday
View Source
Bullish
Coinbase lists Ripple USD stablecoin, challenging Kraken's dominance in US regulated crypto market.

Coinbase has launched Ripple USD (RLUSD) stablecoin on its platform, enabling retail and institutional clients to trade it across XRP Ledger, Ethereum, and Base networks at a 1:1 dollar ratio. This move challenges Kraken's current dominance in RLUSD trading pairs within the US, potentially reshaping liquidity and attracting more institutional investors. The launch coincides with Ripple National Trust Bank's approval and Moody's high ratings for RLUSD, signaling strong regulatory and market confidence. Integration with Robinhood and B2B platforms is expected to further scale RLUSD's presence in the American market.

As of Oct 28, 2026 21:52 WIB, XRP on Pluang trades at Rp23.863 with a modest 0.40% gain over the past day, reflecting steady investor interest despite the new Ripple USD stablecoin launch by Coinbase. The market cap stands at Rp1.515,41 trillion with a 24-hour trading volume of Rp32,6 trillion, showing active liquidity. Pluang order activity leans toward selling at 65%, while typical hold time is 72 days, indicating a balanced mix of short-term and longer-term holders.

More News (XRP)

Ripple projects $900M annual revenue by 2026, with tripled customers and $150B transaction volume forecast.

Ripple projects $900M annual revenue by 2026, with tripled customers and $150B transaction volume forecast.

Ripple expects to reach a $900 million annualized product revenue run rate by the end of 2026, driven by growth in payments, custody, stablecoins, and trading services. The company has tripled its customer base this year and anticipates its payments ...

Bullish
4 hours ago
Ripple USD stablecoin earns investment-grade ratings from Moody's, signaling strong credit and growth potential.

Ripple USD stablecoin earns investment-grade ratings from Moody's, signaling strong credit and growth potential.

Ripple Labs' stablecoin, Ripple USD (RLUSD), received investment-grade credit ratings from Moody's, with an A2 long-term and P-1 short-term rating, reflecting low credit risk and strong repayment ability. The rating is supported by RLUSD's high liqui...

Market News
Bullish
5 hours ago
XRP Ledger proposes SponsoredAccountCreate to open wallets without holding XRP.

XRP Ledger proposes SponsoredAccountCreate to open wallets without holding XRP.

Developers on the XRP Ledger have proposed SponsoredAccountCreate, allowing new wallets to be opened without requiring each to hold XRP. Instead, a sponsoring account would cover the network's reserve requirements, enabling businesses to create many ...

Bullish
5 hours ago
Ripple projects $900M annual revenue by 2026, driven by institutional growth and RLUSD stablecoin expansion.

Ripple projects $900M annual revenue by 2026, driven by institutional growth and RLUSD stablecoin expansion.

Ripple expects to reach a $900 million annualized product revenue run rate by the end of 2026, fueled by its growing institutional business and the RLUSD stablecoin market cap hitting $2.5 billion. The company has processed nearly $150 billion in cum...

Market News
Bullish
5 hours ago
Moody's rates Ripple's RLUSD stablecoin investment grade, but XRP price impact remains uncertain

Moody's rates Ripple's RLUSD stablecoin investment grade, but XRP price impact remains uncertain

Moody's has assigned Ripple's RLUSD stablecoin an A2 long-term and P-1 short-term investment-grade rating, citing strong reserve quality and liquidity backed by U.S. government assets. This rating covers RLUSD on both the XRP Ledger and Ethereum bloc...

Market News
Neutral
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App