According to CoinMeta, Ripple and Coinbase have established a partnership to introduce rLUSD onto the Coinbase platform. Retail and institutional customers can trade and manage rLUSD through Coinbase Prime, Coinbase Exchange, and Coinbase applications targeting individual investors, and the platform supports a 1:1 exchange of rLUSD for US dollars and other dollar-denominated stablecoins. Subsequently, Coinbase Global Exchange customers will be able to use rLUSD for trading and as collateral.