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Robinhood to offer Ripple stablecoin RLUSD to customers
Robinhood will offer Ripple's RLUSD stablecoin to its 28.6 million retail customers, despite the company previously supporting competitor USDG. The partnership was announced on Tuesday, with RLUSD already live on Robinhood Chain and Bitstamp, and expected to launch in the Robinhood App by the end of 2026. Additionally, Robinhood will adopt Ripple's treasury management software, and Bitstamp will also use RLUSD for settlements. RLUSD's market capitalization has already exceeded $2.5 billion.
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