Ripple has struck a deal with Robinhood to expand the reach of its digital dollar, RLUSD, strengthening trading and financing links between their institutional businesses and improving Robinhood's internal money management. The partnership involves using RLUSD for institutional trade settlement, automating Robinhood's treasury operations, and expanding access to digital asset trading and financing through Ripple Prime and Bitstamp. Robinhood Crypto general manager Johann Kerbrat stated that this collaboration will provide access to RLUSD for institutional settlement, Ripple Treasury for operations, and Ripple Prime for financing, reflecting a connected, global financial system. Ripple President Monica Long added that the partnership is about fundamentally changing how money moves and is managed, enabling institutions to operate 24/7/365 and unlock liquidity more efficiently. RLUSD's market cap has grown to over $2.5 billion and is also listed on Robinhood's trading platform and Bitstamp.