Crypto.news reports that RLUSD, a stablecoin backed by Ripple, is now available on Coinbase. Users can access RLUSD through three different blockchains. However, the stablecoin's backing and redemption depend on the institutions managing it. Coinbase provides customers with an additional method to buy, hold, and transfer RLUSD, but the process for converting it back to dollars remains uncertain.

AI-assisted source briefing. Based on the crypto.news RSS report; not independently verified.

Source published: Thu, 29 Oct 2026 12:00:00 +0000

[Read the original report](https://crypto.news/rlusd-reaches-coinbase-how-does-its-dollar-backing-work/)

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