Ripple and Robinhood agreed Tuesday to expand RLUSD across institutional settlement, treasury and financing operations, connecting the stablecoin with Robinhood's brokerage and Bitstamp exchange.
RLUSD is launching on Robinhood Chain and Bitstamp, while access through Robinhood's main trading app is expected later this year. No specific date for app availability or expected settlement volumes were disclosed.
How RLUSD Will Support Robinhood and Bitstamp Settlement
Robinhood Crypto chief Johann Kerbrat said Robinhood and Bitstamp will gain access to RLUSD for institutional settlement. Ripple Treasury will support Robinhood's internal operations, while Ripple Prime will provide financing.
The settlement component will use RLUSD on the XRP Ledger for institutional trades through Bitstamp. The token is also launching on Robinhood Chain and Bitstamp. Its listing on Robinhood's main app is expected later this year, separating blockchain availability from retail trading access.
Ripple Prime offers institutional trading, clearing and financing. It already provides Bitstamp with lending and margin financing across about 20 digital assets, plus spot trading access. Prime is expected to add perpetual futures on Bitstamp later this year. Ripple bought the business, then called Hidden Road, for $1.25 billion in a deal announced in April 2025. Robinhood completed its roughly $200 million Bitstamp purchase in June 2025.
Ripple Treasury manages company cash, payments, forecasts and risk. Its tools include intercompany netting, which offsets amounts owed between divisions and can reduce transfers. The agreement extends these services to Robinhood's global treasury operations. The companies have not said when each feature will become operational.
RLUSD Growth and XRP Technical Levels After the Deal
Ripple launched RLUSD in December 2024 and says its market capitalization now exceeds $2.5 billion. The broader stablecoin market tops $300 billion, led by Tether's USDT and Circle's USDC.
Circle is pursuing a similar institutional payments strategy. Its Circle Payments Network connects financial institutions and payment providers for cross-border transfers using USDC and other digital assets. Ripple Payments, an eight-year-old business, also moves money across borders and supports USDC, XRP and RLUSD.
XRP traded near $1.31, roughly flat over 24 hours. Its four-hour relative strength index climbed above 55, signaling improving momentum. The Supertrend indicator remained bearish near $1.33, with descending trendline resistance around $1.35. A break above that area would put $1.38 to $1.40 in view. The technical analysis identified $1.28 as rising support for XRP.
The agreement connects institutional settlement with the XRP Ledger, but it centers on RLUSD rather than XRP purchases. Ripple and Robinhood disclosed no expected payment volumes, so the announcement alone does not quantify possible XRP demand. Institutional clients account for most of Bitstamp's trading volume, giving RLUSD an established market to serve from launch.
