On October 27 at 21:15 (UTC+8), Ripple and Robinhood announced a strategic partnership: Ripple’s stablecoin RLUSD is now available on Robinhood Chain and Bitstamp by Robinhood, and is expected to arrive on the Robinhood App later this year. RLUSD will also be listed on the trading platform, giving both retail and institutional customers access to the stablecoin.
Institutional settlement is another part of the plan. Robinhood intends to use RLUSD on XRPL for institutional settlement, connecting the stablecoin directly to Bitstamp by Robinhood’s institutional business. Robinhood will also adopt Ripple Treasury for global treasury management—including day-to-day cash and liquidity management, payments, and reconciliation—with the aim of relying less on the slower processes of traditional banking. Ripple Prime will continue to provide Bitstamp with lending and margin services for around 20 digital assets. Customers can trade spot on Bitstamp, with perpetual futures support to follow later.
The stablecoin in the $XRP ecosystem is no small player. Since launching in December 2024, RLUSD’s market capitalization has surpassed approximately $2.5 billion, while the total stablecoin market has grown to more than approximately $300 billion. Robinhood has around 28.6 million funded customers globally. The stablecoin is being integrated into both the retail app and institutional settlement. CNBC and BusinessWire both reported the arrangement on the same day, highlighting the move to position RLUSD as infrastructure rather than merely a trading tool. Settlement on the $XRP mainnet and Robinhood’s retail access are both included in the same partnership announcement.
#XRP #RLUSD #稳定币 does not constitute investment advice
Institutional settlement is another part of the plan. Robinhood intends to use RLUSD on XRPL for institutional settlement, connecting the stablecoin directly to Bitstamp by Robinhood’s institutional business. Robinhood will also adopt Ripple Treasury for global treasury management—including day-to-day cash and liquidity management, payments, and reconciliation—with the aim of relying less on the slower processes of traditional banking. Ripple Prime will continue to provide Bitstamp with lending and margin services for around 20 digital assets. Customers can trade spot on Bitstamp, with perpetual futures support to follow later.
The stablecoin in the $XRP ecosystem is no small player. Since launching in December 2024, RLUSD’s market capitalization has surpassed approximately $2.5 billion, while the total stablecoin market has grown to more than approximately $300 billion. Robinhood has around 28.6 million funded customers globally. The stablecoin is being integrated into both the retail app and institutional settlement. CNBC and BusinessWire both reported the arrangement on the same day, highlighting the move to position RLUSD as infrastructure rather than merely a trading tool. Settlement on the $XRP mainnet and Robinhood’s retail access are both included in the same partnership announcement.
#XRP #RLUSD #稳定币 does not constitute investment advice
