Ripple is close to listing RULSD, in talks with Coinbase

Ripple (XRP) issuer Refraps is in talks with U.S. cryptocurrency exchange Coinbase to list a stablecoin (RLUSD).
According to The Block on the 9th (local time), Jack McDonald, Refraps' Vice President of Stablecoins, said, "This year, Coinbet
"We are currently in discussions to list RLUSD on multiple exchanges, including Ethereum and Binance," and "the fact that RLUSD has been approved by the New York Financial Services Agency may have a positive effect."
"While I cannot pinpoint the exchanges, I expect RLUSD will be listed on a number of exchanges by the end of the year," McDonald said.
Refraps launched RLUSD on the 18th of last month. Stablecoins are virtual assets that minimize price fluctuations by pegging their value to fiat currencies.