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Ripple and Robinhood Deepen Ties as RLUSD Stablecoin Expands to Retail, Institutional Use

Ripple and Robinhood Deepen Ties as RLUSD Stablecoin Expands to Retail, Institutional Use

Photo: TheCoinrise

The partnership will bring RLUSD to Bitstamp and the Robinhood app while opening the stablecoin to institutional settlement. Ripple and Robinhood are broadening their collaboration around RLUSD, Ripple's U.S. dollar stablecoin, according to reports from BlockchainReporter, CoinTurk News, BitKE, and Fintech News Singapore. The expanded partnership touches both ends of the financial system, reaching everyday retail users and institutional settlement desks alike. Under the plan, RLUSD will be added to Bitstamp, the cryptocurrency exchange Ripple acquired.

Source: TheCoinrise

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