Robinhood has announced the adoption of Ripple’s RLUSD stablecoin, along with Ripple’s treasury software and lending services, for its crypto and financial operations. The integration is expected to enhance Robinhood’s retail and institutional activities, including settlement through Bitstamp. RLUSD, already operational on Robinhood Chain and Bitstamp, has a market capitalization of approximately 2.6 billion tokens. The move expands the stablecoin’s use in institutional settlement and corporate treasury infrastructure, while potential effects on demand for XRP and Ripple-related assets remain to be confirmed.
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