🚨 MASSIVE: Robinhood partners with #Ripple to use $RLUSD on the $XRP Ledger for institutional settlement. Robinhood is plugging into three parts of Ripple at once: → $RLUSD becomes a key stablecoin across Robinhood's retail and institutional businesses. It's live today on Robinhood Chain and Bitstamp by Robinhood, and expected in the Robinhood app later this year → Robinhood will use RLUSD on the XRP Ledger for institutional settlement across Bitstamp's growing institutional business → Robinhood will integrate Ripple Treasury to run its global treasury operations: cash and liquidity management, cash flow forecasting, payments, risk management and intercompany netting → Ripple Prime already provides Bitstamp with lending and margin financing across roughly 20 digital assets, gives Ripple Prime clients spot trading on Bitstamp, and will support perpetual futures on Bitstamp later this year The scale: → Robinhood serves 28.6 million funded customers worldwide → RLUSD has grown past $2.4 billion in market cap since launching in December 2024 → Total stablecoin supply now exceeds $300 billion In Robinhood's own words: "Utility is what moves stablecoins forward." One of the largest consumer and institutional trading platforms now has a single entry point to Ripple: stablecoins, treasury and institutional markets.