Robinhood Adds Ripple’s $2.5B RLUSD Stablecoin Despite Backing Rival USDG
Key Highlights: Robinhood has forged a partnership with Ripple to introduce the RLUSD stablecoin across both retail and institutional operations, even while remaining an active member of the competing USDG-distributing Global Dollar Network. The institutional scope includes Bitstamp utilizing RLUSD on the XRP Ledger for settlement, Robinhood implementing Ripple’s treasury software, and upcoming plans to ...