@Ripple and @RobinhoodApp have announced an enterprise infrastructure partnership that puts Ripple USD ($RLUSD) at the centre of Robinhood's digital asset business, alongside treasury and pri
@Ripple and @RobinhoodApp have announced an enterprise infrastructure partnership that puts Ripple USD ($RLUSD) at the centre of Robinhood's digital asset business, alongside treasury and prime brokerage services.
According to Ripple's press release, RLUSD is live on Robinhood Chain and Bitstamp by Robinhood, and is expected to be available in the Robinhood app later this year. Robinhood will use RLUSD on the @XRP Ledger (XRPL) for institutional settlement, extending the stablecoin's role in Bitstamp's institutional business.
The deal has three parts, based on the announcement.
First, RLUSD distribution. The stablecoin is being rolled out across both Robinhood's retail and institutional platforms. Investing.com reported that Robinhood Markets (NASDAQ: HOOD) and Ripple announced the arrangement on Tuesday.
Second, treasury management. Robinhood will integrate Ripple Treasury for its own global operations, including cash and liquidity management, cash flow forecasting, payments, risk management and intercompany netting.
Third, institutional trading services. Ripple Prime will provide Bitstamp by Robinhood with lending and margin financing across approximately 20 digital assets. Ripple Prime clients will be able to trade spot on Bitstamp, with perpetual futures support planned for later this year.
Ripple said Robinhood serves 28.6 million funded customers globally, including institutional clients through Bitstamp. Robinhood's own August 2026 operating data shows funded customers at 28.6 million at the end of that month, up about 1.9 million year over year.
The release also frames the deal against wider stablecoin growth. Ripple said total stablecoin supply now exceeds $300 billion, and that RLUSD has grown to more than $2.4 billion in market capitalisation since launching in December 2024. Investing.com's report of the same release put the figure at more than $2.5 billion.
Monica Long, President of Ripple, said the partnership reflects growing institutional demand for integrated solutions that support both customer-facing products and core financial operations. Johann Kerbrat, SVP and GM of Robinhood Crypto and International, said the arrangement shows what a connected global financial system looks like.
Financial terms of the deal have not been disclosed, according to Crypto Briefing, which noted that this makes it hard to gauge how heavily Robinhood will rely on Ripple Treasury or how quickly RLUSD settlement volumes will grow.
Sources
Ripple: Ripple and Robinhood Partner to Power the Next Generation of FinanceInvesting.com: Ripple partners with Robinhood for stablecoin integrationRobinhood Investor Relations: August 2026 Operating Data
