In a potentially groundbreaking development for the cryptocurrency market, sources indicate that Coinbase Pro, one of the leading cryptocurrency exchanges, has added a new trading pair: XRP/USD. This move comes after the platform’s Governance Index Committee reportedly gave the green light for the addition. The news was let out by Twitter user JackTheRippler.
The inclusion of XRP on Coinbase Pro could mark a significant milestone for the digital asset. XRP, the native cryptocurrency of the Ripple network, has long been a subject of debate and scrutiny, particularly in the United States. The reported approval by the Governance Index Committee suggests a positive shift in perception, possibly paving the way for broader institutional investment.
If confirmed, this development could open new doors for institutional investors looking to diversify their cryptocurrency portfolios. Coinbase Pro is renowned for its stringent listing criteria, and the alleged endorsement by the Governance Index Committee adds an extra layer of credibility. Institutions that have been hesitant to invest in XRP may now reconsider, given the platform’s reputation for compliance and security.
Trade on US-Banned Exchanges With No KYC 🤫
Tired of missing hot new listings because your favorite exchange is banned in the US? 🇺🇸
With RocketXchange you can finally trade on Kucoin, ByBit and more without registration or KYC! 🙌
Simply connect your wallet to access every coin. No VPN needed.
Seamlessly bridge between EVM, Solana, Cosmos and 100+ chains. Discover the next crypto gem with low fees.
Take your trading to the next level with:
- Instant access to banned CEXs 🚫
- No KYC required 🙅♂️
- Trade on your terms – no registration required
- Maintain full custody – tokens stay in your wallet
- Access liquidity across leading DEXs and CEXs
- Bridge assets quickly between any blockchain
Escape CEX limits today with RocketXchange!
Show more +The rumored addition of the XRP/USD trading pair could have a ripple effect (pun intended) across the crypto ecosystem. It may encourage other exchanges to follow suit, thereby increasing liquidity and trading volume for XRP. Moreover, it could serve as a catalyst for renewed interest in Ripple’s cross-border payment solutions, which leverage XRP for instant settlement.
Awaiting Official Confirmation
While the crypto community is abuzz with excitement, it’s crucial to note that these developments are yet to be officially confirmed by Coinbase Pro or its Governance Index Committee. Until then, all information should be taken with a grain of caution.
Join us on Twitter and Facebook for the latest insights and discussions in the world of crypto.
Explore our news section and stay ahead of the curve with our expert price predictions.
CaptainAltcoin’s writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com
Source link
