Robinhood plans to bring Ripple’s RLUSD stablecoin to its app later this year, extending a partnership across retail and institutional finance. The agreement expands into settlement, trading, and treasury operations.
Key Takeaways
- RLUSD is expected to become available in the Robinhood app later this year.
- Robinhood will use RLUSD on the XRP Ledger for institutional settlement.
- Robinhood will integrate Ripple Treasury for its global financial operations.
Robinhood Plans RLUSD App Access
Retail customers could gain access to Ripple USD (RLUSD), Ripple’s dollar-backed stablecoin, through the Robinhood app later this year under a partnership announced on Oct. 27. Financial services company Robinhood Markets Inc. (Nasdaq: HOOD) and blockchain infrastructure provider Ripple outlined a partnership spanning stablecoins, trading, and treasury operations. RLUSD is already live on Robinhood Chain and Bitstamp by Robinhood, the cryptocurrency exchange Robinhood acquired in June 2025.
Robinhood reported 28.6 million funded customers at the end of August across its financial services, including brokerage and crypto trading. Monica Long, president of Ripple, commented:
“What makes our partnership with Robinhood so exciting is the breadth of what we’re building together.”
Institutional settlement forms another part of the agreement, with Robinhood set to use RLUSD on the XRP Ledger (XRPL) through Bitstamp’s institutional business. The arrangement builds on RLUSD’s existing Bitstamp listing, which began in January 2025.
Treasury Integration Covers Robinhood’s Global Operations
Beyond customer services, Robinhood will integrate Ripple Treasury to automate its global financial operations. Planned functions include cash and liquidity management, cash flow forecasting, payments, risk management, and intercompany netting. Netting offsets amounts owed between related businesses so they can settle fewer payments.
The integration follows an Oct. 26 expansion of Ripple’s corporate cash management capabilities, including AI tools for forecasting, reconciliation, liquidity management, and payments. That announcement also introduced returns on qualifying digital assets held in Ripple wallets, subject to program requirements.
The partnership gives stablecoin settlement a role alongside treasury software and institutional financing within the companies’ relationship. Johann Kerbrat, senior vice president and general manager of Robinhood Crypto and International, said:
“Utility is what moves stablecoins forward.”
Ripple Prime Deepens Bitstamp Trading Ties
An existing relationship between Ripple Prime and Bitstamp by Robinhood already provides lending and margin financing across roughly 20 digital assets. Ripple Prime clients can trade spot assets on Bitstamp, with support for perpetual futures trading planned later this year.
On Oct. 15, Ripple Prime introduced real-world asset perpetual swaps, covering more than 100 reference markets, including equities, commodities, and currencies. Eligible clients can use RLUSD as collateral, subject to jurisdictional availability.
Separately, Ripple disclosed final approval for its national trust bank from the U.S. Office of the Comptroller of the Currency (OCC) on Oct. 26. Its approved activities include managing RLUSD reserves, providing fiduciary digital asset custody, and serving as collateral trustee, administering reserves for holders’ benefit. Standard Custody & Trust Company, Ripple’s limited purpose trust company regulated by the New York Department of Financial Services, will continue issuing RLUSD.