Ripple's RLUSD goes live on Robinhood Chain and Bitstamp, with app rollout planned

What sources claim

• RLUSD went live on Robinhood Chain and Bitstamp and is expected to reach the main Robinhood app later this year, according to Ripple's announcement as reported by Decrypt.
• Ripple said RLUSD, launched in December 2024, now has a market capitalization topping $2.5 billion, Decrypt reported.
• Ripple president Monica Long said the partnership, from bringing RLUSD to retail and institutional markets to helping Robinhood manage its treasury, reflects growing institutional demand for integrated solutions, CoinDesk reported.
• Bitstamp will use RLUSD on the XRP Ledger for institutional settlement, and Robinhood plans to adopt Ripple Treasury software for cash management, payments and forecasting, CoinDesk reported.

Still unresolved

• How many Robinhood customers will be eligible to use RLUSD once it becomes available in the app, a figure CoinDesk reported the companies have not given.
• Whether RLUSD will be offered alongside USDG in the same Robinhood products, which CoinDesk reported remains unclear.

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