The Sunday’s bloodbath was distressing, but the cryptocurrency market has swiftly rebounded after Coinbase (finally) embraced XRP. The San Francisco-based cryptocurrency exchange said that it would list the third biggest coin by market capitalization on Feb. 26.
Three trading pairs with XRP
In its statement, which was released on Feb. 25, the company states that Coinbase Pro will list three XRP trading pairs with the US dollar (USD), Euro (EUR), and Bitcoin (BTC). Ripple’s XRP will be available for Coinbase Pro users in the US, Canada, Europe, Australia, and Singapore.
Coinbase Pro already started accepting inbound transfers on Feb 25, but the trading will now begin until there is sufficient supply of XRP on the exchange. The launch of XRP trading will be conducted in four stages.
An imminent price pump
The announcement immediately made XRP price spike by almost 10 percent. At the time of writing, the coin sits at $0.32. Other currencies followed suit with — almost the whole top 10 is in the green. Bitcoin SV (BSV), which occupies 11th place, had the biggest price spike of 15.90 percent.
As reported earlier by U.Today, XRP experienced a similar price pump when Binance decided to make everyone’s favorite cross-border payment token their new base pair on Dec. 24.