Ripple and Robinhood partner to expand RLUSD stablecoin for institutional use
Deal includes settlement, treasury operations and listing on Robinhood platform
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.