Update
Robinhood Adds Ripple's RLUSD Stablecoin to Retail Customers
Robinhood, which previously supported USDG, a dollar-backed stablecoin, is now offering Ripple's RLUSD stablecoin to its retail customers. The move comes after Robinhood acquired Bitstamp, a crypto exchange, for $200 million in June. RLUSD is already available on Robinhood Chain and Bitstamp. The partnership reflects growing institutional demand for integrated solutions that support customer-facing offerings and core financial operations.