Close Menu
CryptoGlobeToday.comCryptoGlobeToday.com
    What's Hot

    Humanity Protocol Announces Recovery Plan: Launches Token Migration After Exploit

    July 22, 2026

    Why more ETH, USDT, USDC holders are earning daily passive income through moneysimpler

    June 29, 2026

    Ethereum Derivatives Show $30B Exposure Amid Long Liquidations

    October 17, 2026
    Facebook X (Twitter) Instagram
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions
    Facebook X (Twitter) Instagram
    CryptoGlobeToday.comCryptoGlobeToday.com
    • News

      Hoskinson flags Binance sweeper code in EIP-7702 debate

      October 30, 2026

      Eagles Star Saquon Barkley Says NFL Forced Him to Sell Polymarket Stake

      October 29, 2026

      Confidential ZEC trading goes live on Shield

      October 28, 2026

      Hyperliquid is Predicted to Drop to $64.20 By Nov 01, 2026

      October 27, 2026

      Bitcoin Core will disclose some bugs sooner. Can node operators update in time?

      October 24, 2026
    • Technology

      ENS DAO Approves ENSv2 With 1.69M Votes, Execution Due October 27

      October 29, 2026

      Chainlink Expands RWA Tools as LINK Price Tests Key Support Zone

      October 28, 2026

      Injective launches GPU rental index perpetuals with 10x leverage

      October 26, 2026

      How One Wallet Bought Arkadiko’s DAO for $51K and Drained $1.09M

      October 24, 2026

      UNI Wallet Creation Reaches Highest Level Since November 2022

      October 23, 2026
    • Learn/Guide

      Can You Recover Stolen Crypto? Key Statistics and Facts for 2026

      October 30, 2026

      How to Cash Out Crypto to a Bank Account: Statistics and Costs for 2026

      October 29, 2026

      Is Crypto Safer Than a Bank? Key Statistics for 2026

      October 28, 2026

      Can Bitcoin Make You Rich in 10 Years? What the Maths Says

      October 27, 2026

      Crypto Staking Statistics 2026: Can You Live Off Staking Rewards?

      October 26, 2026
    • Regulation

      Ripple and Robinhood Expand RLUSD for Institutional Settlement

      October 29, 2026

      17,332 Solana Programs Need a Rebuild Before Their Next Upgrade

      October 28, 2026

      Kentucky Governor Signs Off On ‘Bitcoin Rights’ Bill, Strengthening Crypto Protections

      October 27, 2026

      Bank of Israel Rejects Netanyahu Blockchain Sanctions Plan Bid

      October 26, 2026

      The On-Chain Check on NEAR’s $8M Buyback: What the Receipts Actually Prove

      October 25, 2026
    • Live Pricing Chart
    CryptoGlobeToday.comCryptoGlobeToday.com
    Home » Ripple and Robinhood Expand RLUSD for Institutional Settlement
    Regulation

    Ripple and Robinhood Expand RLUSD for Institutional Settlement

    October 29, 20264 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ripple and Robinhood Expand RLUSD for Institutional Settlement
    Share
    Facebook Twitter LinkedIn Pinterest Email


    TLDR:

    • RLUSD is going live on Robinhood Chain and Bitstamp, while a listing on Robinhood’s main trading app is expected later this year.
    • Robinhood will use Ripple Treasury for internal cash operations and Ripple Prime for financing, while Bitstamp accesses RLUSD settlement for institutions.
    • Ripple says RLUSD market capitalization has exceeded $2.5 billion, but USDT and USDC lead a stablecoin market valued above $300 billion.
    • XRP traded near $1.31 with four-hour RSI above 55, while bearish Supertrend near $1.33 and $1.35 trendline resistance capped momentum.

    Ripple and Robinhood agreed Tuesday to expand RLUSD across institutional settlement, treasury and financing operations. The partnership connects RLUSD with Robinhood’s brokerage and Bitstamp exchange. RLUSD is launching on Robinhood Chain and Bitstamp, while Robinhood app access is expected later this year. 

    Ripple says RLUSD’s market capitalization has passed $2.5 billion, around 22 months after its December 2024 launch. XRP traded near $1.31, little changed over 24 hours. Technical indicators showed improving momentum but resistance remained overhead. The partnership adds institutional utility as stablecoin competition intensifies across payments and capital markets. No volume or exact app launch date was announced.

    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 deal brings payment, cash-management and institutional trading services together. Kerbrat called it an example of a connected global financial system, with stablecoin utility at its center.

    Ripple is officially going under the hood. 👀

    We’re expanding our partnership with @RobinhoodApp across $RLUSD, Ripple Prime and Ripple Treasury, bringing together stablecoins, prime brokerage and treasury management to support both customer-facing services and core financial…

    — Ripple (@Ripple) October 27, 2026

    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. The announcement did not give a specific date for app availability or disclose expected settlement volumes.

    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. Robinhood has separately described its goal of building a global financial super-app for retail and institutional clients.

    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. Dollar-pegged tokens can move on blockchains around the clock. Financial firms use them for payments, trading, settlement and cash management, making institutional distribution an increasingly important growth channel.

    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. The Robinhood deal gives Ripple another institutional partner as stablecoin companies compete to provide financial infrastructure beyond crypto trading.

    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.

    Source: TradingView

    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. Robinhood app access is also still expected later this year. The immediate expansion covers institutional settlement through Bitstamp, Ripple Treasury for internal operations and Ripple Prime financing. Institutional clients account for most of Bitstamp’s trading volume, giving RLUSD an established market to serve from launch.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    17,332 Solana Programs Need a Rebuild Before Their Next Upgrade

    October 28, 2026

    Kentucky Governor Signs Off On ‘Bitcoin Rights’ Bill, Strengthening Crypto Protections

    October 27, 2026

    Bank of Israel Rejects Netanyahu Blockchain Sanctions Plan Bid

    October 26, 2026

    The On-Chain Check on NEAR’s $8M Buyback: What the Receipts Actually Prove

    October 25, 2026
    Top Posts

    Asia Adds $500 Billion in a Single Session as Wall Street’s AI Takes a $680 Billion Gut Punch

    August 7, 2026

    GenLayer-Led ‘Internet Court’ Gains Support From 27 Web3 Firms for AI Agent Disputes

    July 10, 2026

    SEC Charges 38 Entities Over False Investment Adviser Filings

    August 31, 2026

    Welcome to CryptoGlobeToday.com! Your go-to source for fast, reliable updates from the ever-evolving world of cryptocurrency. Whether it's Bitcoin, altcoins, blockchain breakthroughs, or DeFi trends, we bring you timely insights, expert analysis, and key developments shaping the future of digital finance. Stay ahead with real-time crypto news and in-depth coverage.

    Top Insights

    Hoskinson flags Binance sweeper code in EIP-7702 debate

    October 30, 2026

    Eagles Star Saquon Barkley Says NFL Forced Him to Sell Polymarket Stake

    October 29, 2026

    Confidential ZEC trading goes live on Shield

    October 28, 2026
    Advertisement
    Demo
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions
    © 2026. Designed by CryptoGlobeToday.com.

    Type above and press Enter to search. Press Esc to cancel.