Key Takeaways
- • Robinhood has integrated Ripple's RLUSD stablecoin and Ripple Treasury software to strengthen its institutional financial services, according to the primary source.
- • RLUSD, a US dollar-pegged stablecoin with a market capitalization of about $2.6 billion, will be used on the XRP Ledger for institutional settlements.
- • Per related coverage, RLUSD went live on Robinhood Chain and Bitstamp, with plans to integrate it into the main Robinhood app later this year.
- • BNY Mellon, which serves as RLUSD's primary reserve custodian, has expanded its digital asset custody to include XRP and RLUSD.
- • XRP traded at Rp23.899 on Pluang as of Oct 28, 2026, up 2.41% over the prior day, with a 24-hour volume of Rp28.7 trillion.
Summary
Robinhood has integrated Ripple's RLUSD stablecoin and Ripple Treasury software to enhance its institutional financial services, according to the primary source. RLUSD is pegged to the US dollar and has a market capitalization of about $2.6 billion. It will be used on the XRP Ledger for institutional settlements, with the stated aim of improving liquidity and risk management. The article characterizes the move as strengthening the partnership between Robinhood and Ripple.
Related coverage reports that RLUSD has gone live on Robinhood Chain and Bitstamp, with plans to integrate it into the main Robinhood app later this year. Robinhood will use Ripple Treasury software to manage its global cash operations and adopt RLUSD on the XRP Ledger. Separately, BNY Mellon has expanded its digital asset custody platform to include XRP and RLUSD, allowing institutional clients to hold and manage these assets. BNY builds on its existing role as RLUSD's primary reserve custodian.
On Pluang, XRP traded at Rp23.899 as of Oct 28, 2026 03:31 WIB, up 2.41% over the past day. The token's market capitalization on the platform stood at Rp1.518,18 trillion, with a 24-hour trading volume of Rp28.7 trillion. The article notes that sell orders accounted for 65% of activity, while XRP holders typically maintain positions for about 72 days.
Related coverage reports that RLUSD has gone live on Robinhood Chain and Bitstamp, with plans to integrate it into the main Robinhood app later this year. Robinhood will use Ripple Treasury software to manage its global cash operations and adopt RLUSD on the XRP Ledger. Separately, BNY Mellon has expanded its digital asset custody platform to include XRP and RLUSD, allowing institutional clients to hold and manage these assets. BNY builds on its existing role as RLUSD's primary reserve custodian.
On Pluang, XRP traded at Rp23.899 as of Oct 28, 2026 03:31 WIB, up 2.41% over the past day. The token's market capitalization on the platform stood at Rp1.518,18 trillion, with a 24-hour trading volume of Rp28.7 trillion. The article notes that sell orders accounted for 65% of activity, while XRP holders typically maintain positions for about 72 days.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.