Ripple’s RLUSD stablecoin went live on Robinhood Chain and Bitstamp, according to Ripple’s announcement. It is expected to reach the main Robinhood app later this year; it is not available there yet.
Robinhood will adopt Ripple Treasury for its global cash operations and use RLUSD on the XRP Ledger for institutional settlement at Bitstamp. Ripple Prime already provides Bitstamp with lending and margin financing across roughly 20 digital assets and is set to add perpetual futures trading there later this year.