RLUSD reaches Coinbase. How does its dollar backing work?

RLUSD reaches Coinbase. How does its dollar backing work?

Ripple’s Coinbase launch gives RLUSD users access through 3 blockchains, while the stablecoin’s backing and redemption still depend on the institutions behind it. Coinbase gives customers another way to buy, hold and transfer RLUSD, but the route back to dollars…

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