Coinbase Stock, Strategy, and Circle Aren't Binance. Crypto Investors Should Still Worry. - Barron's

Coinbase and Ripple team up for stablecoin integration

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, together with declines in Strategy, Robinhood, and Circle. Crypto investors are advised to remain vigilant.

“Coinbase has incorporated Ripple's stablecoin to its exchange, as part of Ripple's agreement with Robinhood to broaden its RLUSD digital dollar,” — Nadia Ashcombe, contributing analyst at Shipstone Ford Partnership, added during the briefing.

By the Numbers

  • 88 — reports filed
  • 29 — mentions tracked
  • 11 — updates logged

Timeline

Oct 30 — 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: Has this affected your local community? — 53% of Erri readers said yes.

This story has been closely followed by our readers since Oct 29. The Shipstone Ford Partnership desk continues tracking updates and will publish follow-ups across the region.

What's next: A follow-up briefing is expected by Tuesday, Nov 3.

ICYMI: Queen Mary of Denmark begins official duties again

Editor's note: this report was prepared by the Shipstone Ford Partnership desk and last updated 17:11 UTC.

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