Ripple, Robinhood expand partnership to bring RLUSD to retail and institutional markets
Ripple also expanded its collaboration with BNY on digital asset custody and partnered with C2FO to bring trade finance settlement onto the XRP Ledger.
Ripple also expanded its collaboration with BNY on digital asset custody and partnered with C2FO to bring trade finance settlement onto the XRP Ledger.
Ripple and Robinhood have expanded their partnership to bring the RLUSD stablecoin to Robinhood’s retail and institutional businesses, alongside new integrations spanning treasury management, lending and trading services.
RLUSD is already available on Robinhood Chain and Bitstamp by Robinhood, with a launch in the Robinhood app planned for later this year, according to a Tuesday announcement coinciding with Ripple’s Swell 2026 conference in New York. Robinhood also plans to use the stablecoin on the XRP Ledger for institutional settlement.
Launched in December 2024, RLUSD has reached a market capitalization of $2.57 billion, with nearly $1 billion issued on the XRP Ledger, according to DeFiLlama data. Robinhood reported 28.6 million funded customers globally as of August, offering a potentially significant distribution channel for the stablecoin.