Source: Crypto.news ↗

RLUSD reaches Coinbase. How does its dollar backing work?

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What the source reports

Ripple’s Coinbase launch gives RLUSD users access through 3 blockchains, while the stablecoin’s backing and redemption still depend on the institutions behind it. Coinbase gives customers another way to buy, hold and transfer RLUSD, but the route back to dollars…

Read the original report on Crypto.news ↗

Live market context

Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.

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