XRP News: Ripple Partners with Robinhood to Expand RLUSD Stablecoin

Ripple and Robinhood announced a partnership to expand RLUSD’s use across retail and institutional services. Robinhood plans to use RLUSD for institutional settlements on the XRP Ledger. Robinhood will also integrate Ripple Treasury for cash management, payments, liquidity planning, and risk management. Ripple, the leading provider of blockchain solutions, has partnered with digital brokerage platform Robinhood to bring its RLUSD stablecoin to more users and expand its use in trading, payments, and business operations. The deal connects Ripple’s financial services with Robinhood’s 28.6 million funded customers and aims to make RLUSD useful beyond crypto trading.