Ripple, Robinhood Expand RLUSD Reach to Retail and Institutional Clients

Ripple and Robinhood have extended their partnership to make the RLUSD stablecoin available to both retail traders on Robinhood’s platform and institutional clients that rely on Ripple’s technology. The move follows the launch of RLUSD in the U.S. market earlier this year and aims to increase liquidity and usage of the stablecoin across a broader user base.

In addition to the retail expansion, Ripple has deepened its collaboration with BNY Mellon by expanding digital asset custody services. The partnership gives BNY Mellon clients access to secure custody for XRP and other digital assets, reinforcing the bank’s position in the growing institutional custody market.

Ripple also partnered with C2FO, a trade‑finance platform, to bring settlement of trade‑finance transactions onto the XRP Ledger. The integration allows businesses to use XRP for settling invoices and other trade‑finance instruments, potentially improving settlement speed and reducing costs.

Broader Reach for RLUSD

These developments could broaden the use of stablecoins and XRP in both retail and institutional settings, while also expanding the range of digital‑asset services offered by banks and trade‑finance platforms. Investors and traders may watch how these partnerships influence liquidity, custody demand, and the adoption of blockchain‑based settlement solutions.

Based on reporting from Cointelegraph. Read the original.