Ripple filled the entire table in a single day. On October 27, Ripple and BNY announced an expanded partnership: BNY’s digital asset custody platform now officially supports $XRP and RLUSD, allowing eligible institutional clients to custody, hold, and transfer them directly. The next step is to let clients mint and redeem RLUSD directly at BNY, cutting out an intermediary. At Swell 2026 the same day, Ripple and Robinhood also expanded their partnership into payments, treasury management, and derivatives: RLUSD is already available on Bitstamp and Robinhood Chain, and is set to arrive on the Robinhood app by year-end. Robinhood will also use Ripple Treasury to manage its global cash flows. Even more striking is the supply chain finance partnership with C2FO: approved invoices will be settled instantly in RLUSD, so suppliers won’t have to wait days for payment; the first transaction is planned to go live this year. RLUSD has a market cap of about $2.57 billion, with roughly $1 billion issued on the XRP Ledger; Robinhood has 28.6 million funded customers worldwide. This is what the real stablecoin distribution war looks like: issuing a coin isn’t the hard part—it’s getting major institutions and platforms to adopt it. On the same day, Janus Henderson and Centrifuge also launched the JQQQ fund on Stellar, tracking the Nasdaq 100 and available only to accredited investors, excluding U.S. persons. As banks, brokerages, and payment platforms all move onto blockchain on the same day, the narrative has shifted from “Should we go on-chain?” to “Who will secure the channels first?” #Ripple #Stablecoins