Coinbase Lists Ripple’s RLUSD Stablecoin Across Three Networks

Distribution, not novelty, is the story here: RLUSD gains a mainstream US on-ramp through Coinbase's retail, exchange and prime surfaces, which matters most for institutional and payment-focused users who need a regulated dollar token with broad reach. The competitive read is that exchange-listed stablecoins increasingly compete on where they can be redeemed and transferred rather than on design. Whether the multi-network access translates into actual usage beyond conversions is the open question worth watching.