Ripple's RLUSD stablecoin is coming to Robinhood's app, potentially reaching millions
Summary
Robinhood plans to make Ripple’s dollar-backed RLUSD stablecoin available to app customers before the end of 2026, adding it alongside USDG, which Robinhood helped promote through the Global Dollar Network. The companies have not said whether RLUSD will be used in Robinhood’s lending products or how customers will be eligible. The partnership also covers institutional operations: Bitstamp will use RLUSD on the XRP Ledger for settlement, and Robinhood plans to use Ripple treasury software for cash management and payments. RLUSD has a market capitalization above $2.5 billion. Ripple also announced an expanded partnership with BNY on institutional digital-asset custody and blockchain use cases.
