Ripple and Robinhood announced a strategic partnership on Tuesday, October 27, 2026, that makes Ripple‘s $RLUSD stablecoin a core settlement and treasury asset across Robinhood’s retail and institutional businesses, according to Ripples announcement. $RLUSD is live today on Robinhood Chain and Bitstamp by Robinhood, and it is expected to reach the Robinhood app before the end of the year.
$XRP, the native asset of the $XRP Ledger that underpins the settlement leg of the deal, traded at $1.32 as of roughly 22:00 UTC on October 27, up 2.2% over 24 hours with a market capitalization of about $83.7 billion, per CoinGecko.
What the Partnership Actually Changes
The agreement gives Robinhood a single entry point into Ripple‘s infrastructure across three products. First, $RLUSD becomes a key stablecoin across Robinhood’s digital asset ecosystem, expanding access to the enterprise-grade stablecoin for retail and institutional use. Second, Robinhood will use $RLUSD on the $XRP Ledger for institutional settlement, extending the stablecoin into Bitstamp by Robinhood‘s growing institutional business. Third, Robinhood’s own financial operations will adopt Ripple Treasury, the companys platform for cash and liquidity management, cash flow forecasting, payments, risk management, and intercompany netting.
