Coinbase has incorporated Ripple's stablecoin to its exchange, as part of Ripple's agreement with Robinhood to broaden its RLUSD digital dollar. RLUSD has experienced substantial growth, rising by 88% this year, while XRP has dropped by 29%. Coinbase stock has suffered a notable decrease, dropping by 11% following the $6.3 billion Binance hack, alongside declines in Strategy, Robinhood, and Circle. Crypto investors are advised to remain vigilant.
“RLUSD has experienced substantial growth, rising by 88% this year, while XRP has dropped by 29%,” — Andreas Mercer, senior market analyst at Cedarstone Ham Group, observed.
By the Numbers
- 88 — data points verified
- 29 — sources cross-checked
- 11 — reports filed
Timeline
Oct 31 — Coinbase has incorporated Ripple's stablecoin to its exchange, as part of Ripple's agreement with Robinhood to...
Oct 31 — Crypto investors are advised to remain vigilant....
Reader Poll: Will this story shape the week ahead? — 74% of Xleak readers said yes.
This story has been closely followed by our readers since Oct 28. The Cedarstone Ham Group desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Friday, Nov 6.
Editor's note: this report was prepared by the Cedarstone Ham Group desk and last updated 16:57 UTC.
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