Share this article
Coinbase Wallet to End Support for Bitcoin Cash, Ethereum Classic, Ripple's XRP and Stellar's XLM
The company took note of "low usage" as its reason for no longer supporting those tokens.
Updated May 9, 2023, 4:03 a.m. Published Nov 29, 2022, 5:33 p.m.
Coinbase Wallet will no longer support the native tokens associated with , , Ripple's XRP Ledger (XRP) and Stellar (XLM), effective Dec.5, according to an update on the crypto exchange's website.
The assets will no longer be supported on Dec. 5, although users with balances will be able to withdraw after that date with a recovery phrase.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Coinbase cited "low usage" as a reason for delisting the four coins, all of which rose to sizable prominence in the 2017 cryptocurrency bull market.
XRP remains the seventh-largest cryptocurrency with a market cap of $19.6 billion and 24-hour trade volume of almost $1 billion across all exchanges, according to CoinGecko.
BCH and ETC – which are forked versions of the two most popular cryptocurrencies, bitcoin and ether – have both lost large portions of total cryptocurrency market share since being issued over five years ago.
Coinbase declined CoinDesk's request for comment.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bhutan Debuts TER Gold-Backed Token on Solana
The Himalayan kingdom introduced TER, a Solana-based token backed by physical gold and issued through Gelephu Mindfulness City.
What to know:
- Bhutan introduced TER, a sovereign-supported gold-backed token issued via Gelephu Mindfulness City and custodied by DK Bank, offering a blockchain-based representation of physical gold.
- The token runs on Solana, giving international investors digital portability and on-chain transparency while mimicking the experience of traditional gold purchases.
- TER follows Kyrgyzstan’s USDKG launch, highlighting a growing trend of smaller nations issuing asset-backed digital currencies tied to audited reserves as part of broader economic and technological strategies.
Top Stories
