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Robinhood adopts Ripple's RLUSD stablecoin, boosting institutional crypto services.

Market News
27 Oct 2026, 23:19 WIB
Crypto Briefing
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Bullish
Robinhood adopts Ripple's RLUSD stablecoin, boosting institutional crypto services.

Robinhood has integrated Ripple's RLUSD stablecoin and treasury software to enhance its institutional financial services. RLUSD, pegged to the US dollar with a market cap of about $2.6 billion, will be used on the XRP Ledger for institutional settlements, improving liquidity and risk management. This move strengthens the partnership between Robinhood and Ripple and could positively influence XRP market sentiment. Investors will watch for XRP price changes and further integration announcements amid evolving crypto regulations.

Following Robinhood's adoption of Ripple's RLUSD stablecoin, XRP on Pluang shows positive momentum, trading at Rp23.899 with a 2.41% increase over the past day as of Oct 28, 2026 03:31 WIB. The token's market cap on Pluang stands at Rp1.518,18 trillion, with a 24-hour trading volume of Rp28,7 trillion. Despite a majority of sell orders at 65%, XRP holders typically maintain positions for around 72 days, indicating steady investor interest.

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