I'm starting to think that Coinbase just lists any popular crypto without looking at fundamentals. But who cares as long as people buy and sell it?
XRP is not really nice addition, considering people can buy OTC from the XRP company itself. Would be better if they started to be more selective and list some tokens worth listing because it's fundamentally good, not because it's popular.
They're not doing this for fun. All they exist for is to make money. You'll make the most buy trading all the shit out there.
Anyone entering this space planning on being a classy operation will eventually be murdered by a shit peddler.
Obviously you don't want to be listing outright scams, but anything beyond that is costing you money by not listing it when others are.
It's going to be a bit different if you're servicing big swinging dicks in the shadows, but Coinbase is public facing and the public craves shit.