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The XRP community has been waiting for months for real confirmation of the fact that Coinbase is actually ready to seriously consider adding XRP to its platform. Since the exchange has announced that it is willing to consider adding new resources, it is said that XRP could be considered if the community were excited. Now, the confirmation finally arrived.
In the new announcement, Coinbase, the cryptographic exchange based in San Francisco, stated that it aims to provide support for a greater number of resources. Over 30 projects have been listed as potential candidates for listing. While they are mostly all known coins, the community is still positively surprised to see XRP included.
Some of the biggest coins that made the list include cryptocurrencies like Cardano (ADA), NEO, EOS, Tezos (XTZ) and Stellar (XLM).
Coinbase keeps his promise – more coins are coming
Although XRP investors have complained about Coinbase's lack of currency for a long time, XRP has never come so close to the list of facts. While Coinbase is known to offer only a handful of carefully selected currencies, many of them, which are much smaller than XRP, have been previously adopted. These include coins like 0x and a secret ZCash currency.
In response to requests from his community to add more coins, Coinbase announced at the beginning of the year that it will consider new digital resources. While the exchange may choose to provide support for some of these currencies, it is still possible that not all of those adopted are available in all jurisdictions.
Furthermore, it should be noted that the exchange has only confirmed that it is "exploring" these coins, not yet listing them. In other words, there is no guarantee that any of them will be considered sufficient to be listed. There is also the third result, which is where some coins could only receive limited support.
As Coinbase said, adding new assets means that there is a lot of work to do. This includes the technical point of view, but also compliance. For this reason, the exchange can not guarantee that none of the coins will be adopted, at least not at this time. As for the limited support, this has also been explained, with Coinbase stating that it is possible that some coins are available for sale and purchase, but without the possibility of being sent or received via the local wallet.
Although there is no confirmation that XRP will be chosen to enter Coinbase, the fact that it is considered firstly means that Coinbase is changing the way it takes the coins. At the beginning of this year, the leaders of the exchange declared that all coins considered compliant with the regulations were already listed.
Another reason why the addition of XRP to the list of potential currencies is surprising is the amount of money disputes. On several occasions, XRP has been accused of being a security, being highly centralized, and which has been issued through an illegal supply of securities. Ripple Labs, the creator of XRP, denied all these allegations, but the suspicion remained.
