Ripple and Robinhood Join Forces in Major RLUSD and Institutional Finance Push

The stablecoin will become a key asset across Robinhood's crypto ecosystem. Ripple has announced a strategic partnership with Vlad Tenev’s Robinhood spanning stablecoins, treasury management, institutional settlement, financing, and market access. The collaboration will put RLUSD at the center of several Robinhood businesses while further expanding Ripple’s push into mainstream financial infrastructure. RLUSD Expands Robinhood Partnership Ripple USD will become a key stablecoin across Robinhood’s entire digital asset ecosystem, the statement announced. RLUSD is already live on Robinhood Chain and Bitstamp by Robinhood and is expected to become available in the main app later this year. Vlad Tenev’s company will use RLUSD on the XRP Ledger for institutional settlement, extending its role across Bitstamp’s institutional business. Additionally, Robinhood plans to integrate Ripple Treasury into its own financial operations to automate areas such as cash and liquidity management, cash-flow forecasting, payments, risk management, and intercompany netting. Ripple Prime will also have a role under the new agreement. The former Hidden Road platform already provides Bitstamp by Robinhood wit...