Late Monday evening, Coinbase announced its intention to add ERC20 support on its platform. Does this mean that the exchange will be adding more aLTCoins to its platform in the future?

Currently, the exchange supports the buying and selling of only four tokens: Bitcoin (available on Coinbase) (BTC), Bitcoin (available on Coinbase) Cash (BCH), Ethereum (available on Coinbase) (ETH), and Litecon (LTC). There have often been rumors of other coins being added, Ripple (available on Binance) amongst the most popular, but these rumors have been consistently and ADAmantly denied by representatives.

The addition of ERC20, which is the technical standard used for Ethereum (available on Coinbase) smart contracts, is fueling these rumors – is there a possibility that aLTCoins supported by ERC20 may soon be added to the exchange? However, Coinbase isn’t committing to anything as of yet:

“This paves the way for supporting ERC20 assets across Coinbase products in the future, though we aren’t announcing support for any specific assets or features at this time.”