XRP Ripple Officially Live on Coinbase.com
Abhimanyu Krishnan's original article for www.investinblockchain.com reduced by 44%
After some worry about Ripple's listing on Coinbase because it didn't meet the exchange's Digital Asset Framework criteria, the XRP token has moved past all of that and has been listed on the exchange's consumer platform. The XRP token was first listed on Coinbase Pro earlier this week, after undergoing the exchange's usual listing process that helps establish liquidity. With the recent announcement of our new listing process, we anticipate listing more assets over time that meet our standards.
Coinbase's listing of XRP was Coinbase's independent decision - we did not give them anything to make it happen. There has been some discussion about whether Ripple bought the listing on Coinbase, and there are accusations of the same for their listing on Gemini as well. XRP price has not reacted significantly to the news of its listing yet, though if it does, it puts it in a yet another tussle with Ethereum for the second highest market cap.
Ripple's backers have been buoyant about Ripple's prospects, with the president and representative director of SBI, Yoshitaka Kitao, recently saying that he expects every bank in Japan to use the XRP token by the 2025 Osaka Expo.
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