CNBC · 2026-10-27 13:15 UTC

Ripple strikes deal with Robinhood to expand its RLSUD digital dollar

Ripple partnered with Robinhood to expand RLUSD digital dollar usage for institutional settlement, treasury operations, and financing through Ripple Prime and Bitstamp. RLUSD will be listed on Robinhood's trading platform and used to settle institutional trades and automate operations. Ripple and competitors like Circle are positioning stablecoins as critical financial infrastructure beyond trading, with market cap exceeding $300 billion.

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