Ripple and Robinhood have formalized a strategic partnership centered on the RLUSD stablecoin, which is already available on Robinhood Chain and Bitstamp, as well as through Robinhood’s app by the end of the year. Launched in December 2024 and pegged to the US dollar, RLUSD has a market capitalization of $2.6 billion, while Robinhood reports more than 28 million customers. Robinhood will use RLUSD on the XRP Ledger to settle Bitstamp’s institutional transactions and Ripple Treasury to automate the management of its liquidity, cash flows and internal payments. The partnership also expands cooperation with Ripple Prime, which will provide leveraged trading and support perpetual contracts by the end of the year.
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