Robinhood and Ripple Announce Strategic Partnership for RLUSD Integration
The partnership will bring Ripple’s RLUSD stablecoin to Robinhood’s digital asset ecosystem, Robinhood Chain and Bitstamp by Robinhood, with main-app integration planned later this year. Robinhood will also use Ripple Treasury for global treasury operations and Ripple Prime for institutional markets.
Robinhood and Ripple have announced a strategic partnership to integrate Ripple's stablecoin, RLUSD, into Robinhood's digital asset ecosystem for both retail and institutional users. The stablecoin will be available on the Robinhood Chain and Bitstamp by Robinhood, with plans for integration into the main Robinhood app later this year. Additionally, Robinhood will utilize Ripple Treasury to automate and modernize its global treasury operations, including liquidity management and cash flow forecasting. The partnership also extends to institutional markets through the use of Ripple Prime.