Citi Partners With Coinbase on Stablecoins as Ripple Expands RLUSD
XRP (XRP)
Editor:
Eugene Serbin
Coinpaper.com reports that Citi has expanded its payments partnership with Coinbase, announced on September 28. The bank selected Coinbase’s Virtual Account Wallet to power virtual accounts that automatically convert incoming fiat into stablecoins. Citi institutional clients can now accept stablecoin payments through Coinbase infrastructure.
This move arrives as total stablecoin capitalization reached approximately $311 billion in August. The infrastructure connects corporate bank accounts with blockchain money, allowing companies to receive fiat and convert it without separate systems. Banks increasingly view stablecoins as tools for 24/7 settlement and cross-border transfers.
Meanwhile, Ripple is expanding beyond XRP-based payments into custody and treasury services. Its RLUSD stablecoin is near $2.4 billion in circulation. Ripple now describes itself as a broader institutional financial platform rather than just a payments company.
How the market reacted
Whalio's own Binance spot order flow for XRP, measured when this story was written up on 29 September 2026. Not the outlet's figures.
XRP is trading at $1.50 with a 24-hour buy ratio of 50.5%, indicating a balanced market where buyers and sellers are nearly equal. The 1-hour buy ratio is 49.1%, showing a slight dip in immediate buying pressure compared to the 24-hour average. However, the 4-hour buy ratio is 50.6%, suggesting that buying interest is stabilizing over a slightly longer timeframe. Volume delta is positive at +$3,245,310 over 24 hours, meaning more money flowed into buys than sells during that period. The 1-hour volume delta is -$74,525, indicating a short-term outflow of buying pressure. The 4-hour volume delta is +$274,425, showing that buying pressure has built up over the last four hours.
The latest daily buy ratio of 50.6% sits at the 83rd percentile of the last 322 days, against a median of 48.5% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for XRP, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 49.2%, while the latest day saw a 1.3 point increase to 50.5%. This suggests that buying pressure is slightly stronger today than the weekly average. Spot volume for the day was 0.74x the average, indicating lower trading activity than usual. The price changed -2.6% over eight days, with a total volume delta of +$11,146,261 for the week. This day is slightly more bullish than the weekly norm but trades with lower volume, making it an unusual day for XRP.