Current outcome
Ripple and Robinhood expanded their partnership to bring RLUSD to retail and institutional users, with Robinhood planning XRP Ledger settlement and adopting Ripple Treasury, alongside expanded BNY custody and C2FO trade-finance integrations.
Progress timeline
2 material updates- #01
【Ripple 与 Robinhood 达成战略合作】
Ripple and Robinhood announced a strategic partnership under which RLUSD will be integrated across Robinhood Chain, Bitstamp by Robinhood and later the Robinhood App for institutional settlement, while Robinhood adopts Ripple Treasury for global treasury automation and expands lending, margin financing and spot trading through Ripple Prime.
Source evidence: foresightnews · theblockbeats · Cointelegraph
- #02
Robinhood Taps Ripple's Stablecoin, Treasury Software and Trading Loans
RLUSD went live on Robinhood Chain and Bitstamp, with the main Robinhood app expected later this year; Ripple Prime already provides lending and margin financing across roughly 20 digital assets at Bitstamp and plans to add perpetual futures there later this year.
State after update: The Ripple-Robinhood strategic partnership has moved into execution: RLUSD is live on Robinhood Chain and Bitstamp and is expected to reach the main Robinhood app later this year; Robinhood is adopting Ripple Treasury for global treasury operations, Bitstamp's institutional business will use RLUSD on the XRP Ledger for institutional settlement, and Ripple Prime already provides lending and margin financing across roughly 20 assets at Bitstamp with perpetual futures planned later this year.
Source evidence: Decrypt