ROBINHOOD EXPANDS RIPPLE STABLECOIN PARTNERSHIP
Robinhood and Ripple announced a partnership that will bring the dollar-backed RLUSD stablecoin into more of Robinhood’s retail and institutional infrastructure.
CONFIRMED
RLUSD is now available on Robinhood Chain and Bitstamp by Robinhood. The companies plan to add it to the Robinhood app later this year and use it on the XRP Ledger for institutional settlement. Robinhood will also integrate Ripple Treasury for cash and liquidity management.
STILL UNCERTAIN
The app launch date, customer availability and commercial terms were not disclosed. The partnership does not guarantee adoption, transaction growth or revenue.
WHY IT MATTERS
The agreement expands RLUSD beyond crypto trading into settlement and corporate treasury operations, linking a major retail platform with Ripple’s stablecoin infrastructure.
Informational only. Not investment advice.
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