Ripple and Robinhood Form Strategic Partnership

Ripple and Robinhood have formed a strategic partnership to deepen collaboration in the areas of stablecoins, institutional markets, and treasury management. Ripple's USD stablecoin, RLUSD, has been launched on Robinhood Chain and Bitstamp by Robinhood, and is expected to be available on the Robinhood App within the year for institutional settlements. Robinhood will integrate Ripple Treasury to automate global treasury operations, and both parties will continue to expand their cooperation in areas such as lending, collateral financing, and spot trading through Ripple Prime.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.