Coinbase Custody announces support for Ripple's XRP

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As stated a month before [Oct 15th] of Coinbase Custody, has officially added the XRP support of RippleLabs fast currency for custody services. In addition, the USD stablecoin will hit the next one guard branch of the crypto-leader firm – according to a blog post on Media.

With the goal towards institutional investors-custody services, the condition of the project before a user or group / company is accepted as a user / client is a minimum hold of $ 10 mil and a research process in detail.

At the beginning of August, the custody service Coinbase Custody announced that it was exploring a series of new digital resources published on its blog.

Coinbase Custody is exploring the addition of many existing and future cryptographic resources for archiving onlyand will work to add them as quickly and safely as possible. At the moment, we have not yet considered these assets for trading. We are making this announcement internally to Coinbase and to the public at the same time to remain transparent with our customers on support for future resources.

The Coinbase Custody team then explained to their users that they might see public APIs and other signals indicating that they are conducting engineering work to support these new digital resources. This however will not be an indication of 100% commitment to add digital resources and will provide updates to their clients on the process and what to expect through their Twitter page.

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