It’s been a big week for Ripple and XRP. On Tuesday, Ripple announced that it had partnered with money transfer giant MoneyGram to pilot XRP in its payments flows.
The news sent XRP prices soaring, with the token rising over 20% in the 24 hours following the announcement.
The partnership is a big win for Ripple, which has been trying to get major financial institutions to use XRP in cross-border payments. So far, Ripple has had some success, with a number of banks and payment providers testing out XRP in pilot programs.
But one major player is still missing: Coinbase.
Coinbase is the largest cryptocurrency exchange in the US, and it’s one of the most popular ways for people to buy and sell digital assets. The exchange offers trading in a number of major cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.
However, Coinbase does not currently offer trading in XRP. This is likely because Coinbase is very cautious about adding new assets to its platform.
The exchange has only added four new assets in the past five years, and it carefully vets each one before making a decision.
So, will Coinbase eventually add XRP? It’s hard to say. The exchange has not given any indication that it is considering adding XRP at this time.
However, if Ripple continues to make progress with its partnerships, it’s possible that Coinbase will eventually take notice and list XRP on its platform.