Robinhood to integrate Ripple Treasury in expanded strategic partnership

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The partnership reflects growing use of stablecoins in financial services beyond crypto trading. Ripple and Robinhood have entered a strategic partnership to connect stablecoin payments, corporate treasury operations and institutional trading through Ripple’s financial infrastructure. The agreement makes Ripple’s flagship stablecoin, RLUSD, a key stablecoin across Robinhood’s digital asset ecosystem, with the token already live on Robinhood Chain and Bitstamp by Robinhood. RLUSD is expected to launch in the Robinhood app later this year, while Robinhood plans to use the stablecoin on the XRP Ledger for institutional settlement. The companies will also integrate Ripple Treasury into Robinhood’s global financial operations to automate cash and liquidity management, cash flow forecasting, payments, risk management and intercompany netting.
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