The companies are expanding their relationship through the adoption of RLUSD, treasury automation and institutional trading services as stablecoins gain wider financial use.
Blockchain infrastructure firm Ripple and electronic trading platform Robinhood have entered a strategic partnership that will see Ripple’s stablecoin RLUSD and a range of its institutional services integrated across Robinhood’s retail, institutional and treasury operations, the companies said in a joint statement. RLUSD is already live on Robinhood Chain and Bitstamp by Robinhood Global stablecoin supply now exceeds US$300 billion, while RLUSD’s market capitalisation