Ripple expects its stablecoin to reach Robinhood users later this year
AI summary
Ripple said it expects its stablecoin to reach Robinhood app users later this year, and Robinhood is also moving its treasury operations onto Ripple software while bringing the stablecoin into institutional settlement on the XRP Ledger. The tie-up puts a major US retail brokerage behind Ripple's stablecoin and expands real usage of the XRP Ledger for settlement. Traders would read it as a distribution and adoption win for Ripple and XRP.
