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Robinhood links 29 million app users to Ripple’s XRP Ledger

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Robinhood links 29 million app users to Ripple’s XRP Ledger

RLUSD already trades on Bitstamp, while the new agreement adds expected Robinhood app access and planned XRP Ledger settlement.

Robinhood expects to add Ripple USD (RLUSD) stablecoin to its app later in 2026 under an agreement announced Oct. 27 that also includes plans for institutional settlement on the XRP Ledger.

The planned app rollout would give customers another way to access RLUSD, though the announcement specifies neither a launch date nor which countries or states will be eligible. Those details will determine which Robinhood customers can use the token.

The agreement expands a relationship with an established trading venue. Ripple said RLUSD was already live on Robinhood Chain and Bitstamp by Robinhood when it announced the partnership.

Bitstamp announced its RLUSD listing on Jan. 8, 2025, using the Ethereum network. Its notice listed trading pairs against the euro, US dollar, USDT, Bitcoin, Ethereum, and XRP, while excluding the EU and warning that not every pair was available in every jurisdiction.

The October agreement builds on that exchange access with a planned Robinhood app rollout and a separate institutional settlement use.

Bitstamp’s listing notice described backing by cash and cash equivalents and support for RLUSD on both Ethereum and the XRP Ledger, while specifying that its own listing then used Ethereum.

Bitstamp’s historical Ethereum trading and the planned XRP Ledger settlement service have separate timelines. The January 2025 EU exclusion also provides no eligibility answer for Robinhood’s future app rollout.

Robinhood plans to use RLUSD on the XRP Ledger for institutional settlement of transactions between financial firms across Bitstamp’s institutional business.


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