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Ripple partners with Robinhood to expand use of RLUSD stablecoin for trading and treasury operations.

Market News
27 Oct 2026, 16:15 WIB
CNBC
View Source
Bullish
Ripple partners with Robinhood to expand use of RLUSD stablecoin for trading and treasury operations.

Ripple has partnered with Robinhood to broaden the use of its digital dollar, RLUSD, enhancing trading and financing options for institutional clients and improving Robinhood's internal money management. The collaboration includes using RLUSD for settling institutional trades, automating treasury operations, and expanding digital asset trading via Ripple Prime and Bitstamp, a crypto exchange acquired by Robinhood. This partnership supports Robinhood's goal to become a global financial super-app by centralizing financial services for both retail and institutional users. As stablecoins become critical financial infrastructure enabling 24/7 liquidity and instant settlements, this deal reflects the evolving role of stablecoins beyond trading into essential financial operations.

Robinhood (HOOD) shares are trading at USD 95.06 as of Oct 27, 2026 20:31 WIB, up 2.40% on the day but still well below their 52-week high of USD 147.08. This places the stock closer to its 52-week low of USD 65.16, highlighting a wide trading range over the past year. On Pluang, the typical hold time for HOOD is 76 days, with current order activity favoring selling at 70%, contrasting with the positive daily price movement.

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