Scan with your phone to get the appRobinhood integrates Ripple's RLUSD stablecoin on Robinhood Chain and Bitstamp, expanding treasury and institutional trading ties.
Robinhood is adding Ripple's RLUSD stablecoin, a dollar‑pegged crypto token launched in December 2024 with a market cap above $2.5 billion, to its platform. RLUSD will run on the XRP Ledger for institutional settlement on Bitstamp.
The broker will also use Ripple Treasury software to manage its global cash operations, including cash‑flow forecasting and intercompany netting, aiming to streamline payments.
After acquiring Bitstamp for about $200 million in June 2025, Robinhood will leverage Ripple Prime to offer margin lending and spot trading to institutional clients, with perpetual futures support slated for later this year.
Summary rewritten by AI from the original article by Decrypt.
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Dashed line: news time ($1.32) Now: $1.33 +0.52%
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Also reported by
- Moody's assigns A2 and P-1 ratings to Ripple's RLUSD stablecoin on XRP Ledger and Ethereum. The Defiant · 3h ago
- Ripple Swell draws attention from US Treasury Secretary Bessent as its Robinhood partnership for RLUSD unfolds. crypto.news · 11h ago
- Ripple and Robinhood expand partnership to bring RLUSD to retail and institutional markets. Cointelegraph · 12h ago
- Robinhood adopts Ripple’s RLUSD stablecoin despite backing USDG CoinDesk · 14h ago
- Ripple receives final approval to launch a U.S. national trust bank CoinDesk · 1 d ago
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