Coinbase and Ripple team up to expand access to Ripple's stablecoin
Bullish strength: 70/100
- RLUSD access expands to Coinbase Prime, Coinbase Exchange and the Coinbase Retail app.
- Retail and institutional customers can convert supported USD-denominated assets into RLUSD at a 1:1 rate.
- The partnership could expand RLUSD's reach among institutional clients and payment users.
Bearish strength: 30/100
- Coinbase Global Exchange customers will have to wait for access at a later date.
- Coinbase shares fell 2.0% in premarket trading.
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