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

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.

Expanding Exchange Access

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, with trading pairs against the euro, US dollar, USDT, Bitcoin, Ethereum, and XRP.

Institutional Settlement Plans

Robinhood plans to use RLUSD on the XRP Ledger for institutional settlement of transactions between financial firms across Bitstamp's institutional business. Ripple's announcement does not say when the service will begin or how much it will settle, leaving the intended scale unresolved.

Robinhood also plans to integrate Ripple Treasury for its own cash and liquidity management, forecasting, payments, risk management, and intercompany netting, which addresses the company's financial operations, a separate part of the agreement from customer access to RLUSD.

Future Milestones

For Robinhood app customers, the next milestone is a launch notice specifying eligibility and supported RLUSD functions. For institutions, a settlement start date and reported activity would show how far the agreement has moved into operation.