Ripple and Robinhood partner to expand RLUSD stablecoin for institutional use

Deal includes settlement, treasury operations and listing on Robinhood platform

By LineZotpaper AI staff

Published27 October 2026

Read Time2 min

Sources2 outlets

Ripple has struck a deal with Robinhood to expand the reach of its RLUSD digital dollar, strengthening trading and financing links between their institutional businesses and improving Robinhood's internal money management. The partnership involves using RLUSD to settle institutional trades, automate treasury operations, and expand access to digital asset trading and financing through Ripple Prime and Bitstamp, the global crypto exchange Robinhood acquired last year.

The partnership positions RLUSD as a tool for institutional settlement and treasury management, with Robinhood integrating Ripple's treasury services and Ripple Prime for financing. RLUSD will also be listed on Robinhood's trading platform, and is currently available on Bitstamp and Robinhood Chain.

"Utility is what moves stablecoins forward. Working with Ripple, Bitstamp and Robinhood will have access to RLUSD for institutional settlement, Ripple Treasury for our operations and Ripple Prime for financing," Robinhood Crypto general manager Johann Kerbrat said in a statement. "That is what a connected, global financial system looks like."

Ripple President Monica Long described stablecoins as having evolved from a crypto trading tool into critical financial infrastructure. "The clearest evidence of this is where they're now being embedded — from corporate payments to capital markets. Our partnership with Robinhood reflects that evolution," she told CNBC. "This is about much more than trading. It's about fundamentally changing how money moves and is managed – giving institutions the ability to operate 24/7/365, unlocking liquidity and putting capital to work more efficiently."

The stablecoin market now exceeds $300 billion, dominated by Tether's USDT and Circle's USDC. RLUSD's market cap has grown to more than $2.5 billion since its December 2024 debut. Ripple competitor Circle has launched its own infrastructure play with the Circle Payments Network, connecting financial institutions using USDC for cross-border payments.

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Analysis

Why This Matters

The partnership signals a shift in stablecoin use from simple trading tools to institutional financial infrastructure, potentially accelerating adoption by traditional finance.
Robinhood's integration of RLUSD for settlement and treasury could create a model for other fintech platforms, increasing stablecoin utility beyond exchanges.
The deal deepens competition between Ripple and Circle in the stablecoin infrastructure space, with both vying to become the backbone of 24/7 digital money movement.

Background

Stablecoins have long been used in crypto for moving money between exchanges and parking funds, but recent developments see them embedded in corporate payments and capital markets. Ripple launched RLUSD in December 2024, entering a market dominated by Tether and Circle. Robinhood acquired Bitstamp last year, adding crypto exchange capabilities. The partnership aims to bundle stablecoin issuance with settlement and treasury services, a model Circle is also pursuing with its Circle Payments Network.

Key Perspectives

Johann Kerbrat, Robinhood Crypto general manager: Said the partnership gives Robinhood access to RLUSD for institutional settlement, Ripple Treasury for operations and Ripple Prime for financing, describing it as "a connected, global financial system." Monica Long, Ripple president: Said stablecoins have evolved into critical financial infrastructure, and the partnership with Robinhood reflects how institutions can operate 24/7/365 and unlock liquidity.

What to Watch

RLUSD market cap growth: whether the partnership accelerates adoption beyond current $2.5 billion.
Robinhood's quarterly results: expected Tuesday after market close, may reveal details on institutional business performance.
Circle's response: whether the company announces similar partnerships to compete in stablecoin infrastructure.

Sources

Checked

12 claims in this story checked against 1 source: 12 supported.

Show each claim

SupportedRipple and Robinhood partnered to expand RLUSD for institutional use.Tech: “Ripple has struck a deal with Robinhood to expand the reach of its digital dollar, RLUSD”
SupportedThe deal strengthens trading and financing links between the companies’ institutional businesses and improves Robinhood’s internal money management.Tech: “strengthening trading and financing links between their institutional businesses and improving Robinhood's internal money management.”
SupportedThe partnership involves using RLUSD to settle institutional trades.Tech: “The partnership involves using RLUSD to settle institutional trades”
SupportedThe partnership involves automating Robinhood’s treasury operations.Tech: “automate Robinhood's treasury operations”
SupportedThe partnership expands access to digital asset trading and financing through Ripple Prime and Bitstamp.Tech: “expand access to digital asset trading and financing through Ripple Prime and Bitstamp”
SupportedJohann Kerbrat said: “Utility is what moves stablecoins forward. Working with Ripple, Bitstamp and Robinhood will have access to RLUSD for institutional settlement, Ripple Treasury for our operations and Ripple Prime for financing,” followed by “That is what a connected, global financial system looks like.”Tech: “"Utility is what moves stablecoins forward. Working with Ripple, Bitstamp and Robinhood will have access to RLUSD for institutional settlement, Ripple Treasury for our operations and Ripple Prime for financing," Robinhood Crypto general manager Johann Kerbrat said in a statement shared with CNBC. "That is what a connected, global financial system looks like."”
SupportedRLUSD will be listed on Robinhood’s trading platform and is currently available on Bitstamp and Robinhood Chain.Tech: “RLUSD will also be listed on Robinhood's trading platform, and is currently available to traders on Bitstamp as well as Robinhood Chain”
SupportedMonica Long said stablecoins had evolved from a crypto trading tool into critical financial infrastructure.Tech: “"Stablecoins have evolved from a crypto trading tool into a critical piece of financial infrastructure," Ripple President Monica Long told CNBC.”
SupportedMonica Long said: “The clearest evidence of this is where they're now being embedded — from corporate payments to capital markets. Our partnership with Robinhood reflects that evolution.”Tech: “"The clearest evidence of this is where they're now being embedded — from corporate payments to capital markets. Our partnership with Robinhood reflects that evolution."”
SupportedMonica Long said: “This is about much more than trading. It's about fundamentally changing how money moves and is managed – giving institutions the ability to operate 24/7/365, unlocking liquidity and putting capital to work more efficiently.”Tech: “"This is about much more than trading," she added. "It's about fundamentally changing how money moves and is managed – giving institutions the ability to operate 24/7/365, unlocking liquidity and putting capital to work more efficiently."”
SupportedThe stablecoin market exceeds $300 billion.Tech: “the total stablecoin market, which now exceeds $300 billion”
SupportedRLUSD’s market cap is more than $2.5 billion.Tech: “RLUSD's market cap has grown to more than $2.5 billion .”