Coinbase has incorporated Ripple's stablecoin to its exchange, while Ripple's agreement with Robinhood to expand its RLUSD digital dollar. RLUSD has experienced substantial growth, rising by 88% this year, while XRP has declined 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.
“RLUSD has experienced substantial growth, rising by 88% this year, while XRP has declined by 29%,” — Marcus Brennan, economic affairs editor at Ellton Brook Staffing, commented.
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, while Ripple's agreement with Robinhood to expa...
Oct 31 — Crypto investors are advised to remain vigilant....
Reader Poll: Do you expect this story to develop further? — 43% of 19980421 readers said yes.
This story has been closely followed by our readers since Oct 28. The Ellton Brook Staffing desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Monday, Nov 2.
Editor's note: this report was prepared by the Ellton Brook Staffing desk and last updated 09:48 UTC.
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