Ripple's RLUSD stablecoin to reach Robinhood app by end of 2026
Ripple's dollar-backed token landing on Robinhood
Ripple's RLUSD stablecoin will be added to Robinhood's app later this year. A stablecoin is a digital token tied to a real-world currency, in this case the US dollar, so its value stays close to $1. The deal could bring RLUSD to roughly 28.6 million funded Robinhood accounts.
The companies announced the partnership on Tuesday. RLUSD is already live on Robinhood Chain and on Bitstamp, the crypto exchange Robinhood bought for $200 million in June.
Key details of the deal
- RLUSD is expected in the Robinhood app before the end of 2026.
- Robinhood will also use Ripple software for its own treasury operations.
- The partnership includes using RLUSD for settlements on Bitstamp.
- Both firms plan to launch perpetual futures trading later this year.
What Ripple said
Monica Long, president of Ripple, said in a statement the deal reflects "growing institutional demand for integrated solutions that support customer-facing offerings and core financial operations." The quote covers both bringing RLUSD to retail and institutional users and helping Robinhood run its treasury.
Ripple's token vs Robinhood's rival token
The move puts Robinhood in a slightly odd position. It helped launch the Global Dollar Network in 2024 to promote USDG, a competing dollar-backed token issued by Paxos. That group shares revenue with members that promote USDG and gives them a financial reason to favor it.
Still, Robinhood is now adding RLUSD. It already gives USDG a role in its own products. The article does not say how the two tokens will coexist inside Robinhood's apps, so that detail remains unclear.
Other founding members of the Global Dollar Network include Kraken, Galaxy Digital, Anchorage Digital, and Bullish, the parent company of CoinDesk. Arbitrum joined the group earlier this month.
Why this matters
RLUSD already exists on Robinhood Chain and Bitstamp, so adding it to the main Robinhood app puts the token in front of a much larger group of retail customers. It also means Robinhood is using Ripple technology for its own treasury work, not just selling crypto to users.
What is confirmed and what is still unclear
Confirmed: the partnership was announced on Tuesday, RLUSD is coming to the Robinhood app later in 2026, and Bitstamp will use RLUSD for settlements. Robinhood also plans perpetual futures trading later this year. That trading product was mentioned in the partnership summary, but the article does not give a specific date for either the RLUSD launch or the futures product.
Still unclear: how RLUSD and USDG will sit side by side in Robinhood's products, and the exact timing of the RLUSD rollout.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.
Related Posts
