Ripple and Robinhood Partner to Integrate RLUSD Stablecoin
Ripple and Robinhood have partnered to integrate the RLUSD digital dollar into institutional trade settlements and treasury operations to enable 24/7 liquidity.
Ripple and Robinhood have entered a partnership to expand the utility of the RLUSD digital dollar. The agreement integrates RLUSD into Robinhood's treasury operations and institutional trade settlements, while expanding access to financing and digital asset trading through Bitstamp and Ripple Prime.
RLUSD is now listed on Robinhood's trading platform and is available on the Robinhood Chain and Bitstamp, a crypto exchange Robinhood acquired last year. The collaboration supports Robinhood's objective of becoming a global financial super-app by providing near-instant settlement and constant liquidity for both retail and institutional clients.
Ripple President Monica Long stated that the partnership reflects the evolution of stablecoins from simple trading tools into critical financial infrastructure for capital markets and corporate payments. Robinhood Crypto General Manager Johann Kerbrat noted that the move helps create a connected, global financial system.