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Ripple Swell draws attention from US Treasury Secretary Bessent as its Robinhood partnership for RLUSD unfolds.

· Source: crypto.news

Ripple announced a partnership with Robinhood that will bring the RLUSD stablecoin to Robinhood Chain and Bitstamp, and integrate Ripple Treasury for cash, liquidity, payments and risk management. The RLUSD feature is expected to be available inside the Robinhood app before the end of the year.

The deal also includes institutional financing through Ripple Prime, allowing Robinhood to offer lending and margin on roughly 20 digital assets. Robinhood’s 28.6 million funded customers will have access to these services, though the company did not disclose how many will use RLUSD.

The partnership will be highlighted at Ripple’s Swell conference (Oct 27‑29, The Shed, Manhattan). Speakers include Robinhood executive Johann Kerbrat, Ripple President Monica Long, and representatives from BNY Mellon and Tradeweb. Social media posts suggest U.S. Treasury Secretary Scott Bessent may appear, but no official confirmation has been released.

Summary rewritten by AI from the original article by crypto.news.

Positive Price impact: 75/100

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Dashed line: news time ($1.32) Now: $1.33 +0.77%

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