Ripple and Robinhood Partnership: RLUSD Heads to the Robinhood App

Ripple and Robinhood announced a strategic partnership on October 27. The deal makes Ripple’s RLUSD stablecoin a key dollar token across Robinhood’s crypto business. RLUSD is already live on Robinhood Chain and Bitstamp by Robinhood. Next, it should reach the main Robinhood app later this year. That is the short answer. However, the deal goes deeper than one stablecoin listing. Robinhood will also run parts of its own treasury on Ripple software and expand financing through Ripple Prime. Here is what changed, and what it actually means for XRP. What Ripple and Robinhood Announced The partnership has three parts.