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Altcoins & DeFi

Ripple and Robinhood to expand RLUSD to Bitstamp, app listing expected this year

Image: CoinTurk News

Ripple has entered a partnership with Robinhood to broaden the use of its stablecoin, RLUSD, across settlement, treasury, and financing services for institutional clients. RLUSD is being launched on Robinhood Chain and Bitstamp, and a listing within Robinhood’s main trading app is anticipated later this year. Bitstamp, which is among the world’s longest-running cryptocurrency exchanges, will also integrate RLUSD for institutional settlement. Ripple reported RLUSD’s market capitalization has surpassed $2.5 billion, reaching this milestone roughly 22 months after its December 2024 introduction. Although the company outlined plans to expand institutional utility through Robinhood and Bitstamp, it has not yet shared specific launch volumes or an exact date for the token’s debut on the Robinhood retail app.

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