RLUSD will launch on the Robinhood app by the end of the year.

On October 28, as reported by CoinDesk, Ripple and Robinhood announced a partnership. Ripple's stablecoin RLUSD is expected to launch on the Robinhood App by the end of 2026, with the platform holding approximately 28.6 million funded users as of the end of August. RLUSD had previously launched on Robinhood Chain and Bitstamp. The partnership also includes Bitstamp using RLUSD for settlements on the XRP Ledger, and Robinhood will adopt Ripple's treasury management software. Both parties plan to add perpetual contract trading within the year. Notably, Robinhood is one of the founding members of the Global Dollar Network, which promotes the Paxos stablecoin USDG. Currently, RLUSD's market capitalization has exceeded $2.5 billion.