Ripple has struck a deal with Robinhood to expand use of its RLUSD stablecoin, settling institutional trades in RLUSD, automating Robinhood's treasury operations and widening access to digital asset trading and financing through Ripple Prime and Bitstamp, the exchange Robinhood acquired last year. Robinhood Crypto's general manager said utility is what moves stablecoins forward, while Ripple President Monica Long said stablecoins have become critical financial infrastructure. Circle, a Ripple competitor, is pursuing a similar model with the Circle Payments Network launched earlier this year. RLUSD's market cap has grown above $2.5 billion, while Tether's USDT and Circle's USDC still dominate a stablecoin market exceeding $300 billion. RLUSD will also be listed on Robinhood's trading platform.
Summary written by Upside AI from the original article. Read the source for full details.
Keywords
stablecoinscryptoRippleRobinhoodXRPUSDT
Open a keyword to see other news on the same topic.
Related tickers and likely impact
XRP/USDT
▲ Likely positiveXRP
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $82.0B |
| Close on 10/26/2026 | 1.30920 |
| Change that session | +1.00% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Standard Chartered Will Hold Ripple's Stablecoin in Dubai—And Let Clients Trade With It Without Moving It
Standard Chartered's Dubai International Financial Centre branch now offers institutional custody for Ripple's RLUSD stablecoin on the XRP Ledger, and plans to integrate with LMAX Group so clients can use RLUSD as trading collateral. Under this collateral mirroring setup, the tokens stay at the bank while LMAX records their value toward client trades, so the coins never move to the exchange. RLUSD has a market cap of roughly $2.45 billion, under 1% of a stablecoin market worth about $306 billion. The LMAX integration is not yet live and still requires final documentation, testing and regulatory approvals, with no date set. The bank has offered crypto custody in Dubai since 2024.
- Ripple gets a final go-ahead to launch its own U.S. national trust bank
The Office of the Comptroller of the Currency (OCC) has approved Ripple National Trust Bank (RNTB), CEO Brad Garlinghouse announced on X. The bank will manage reserves backing the RLUSD stablecoin and offer regulated custody services for institutional clients, while RLUSD will continue to be issued by Ripple's New York-regulated unit, Standard Custody & Trust Company. RLUSD launched in December 2024 and has grown to about $2.5 billion in market value, backed by dollar deposits, U.S. government securities and other cash-like assets. Ripple applied in July 2025, received conditional approval in December and final approval this week, and said it will keep working with the OCC, New York regulators and others as the bank starts operating.
- Ripple brings Wall Street into 24/7 stock bets, but HSBC warns markets are still thin
Ripple Prime now lets institutional clients trade swaps tied to more than 100 stock, commodity and currency markets around the clock, using its RLUSD stablecoin as collateral. HSBC's Daragh Maher called the launch “evolutionary, not revolutionary,” warning that thin liquidity could limit large trades and initially benefit market makers, proprietary traders and hedge funds. The risks of weekend trading surfaced on Saturday, when nearly $52 million in leveraged chip-stock positions were forcibly closed within 10 minutes while the underlying shares were not trading. HSBC said Ripple's success will depend on whether the service is cheaper, simpler and makes better use of collateral than existing brokers and venues.
- Ripple adds Stripe-owned wallets to XRP Ledger as AI payments pass 14 million
Ripple is partnering with Stripe-owned Privy to let developers embed XRP Ledger wallets in payment apps, so customers can transfer XRP, the RLUSD stablecoin and other assets without managing separate crypto wallets. The integration could also let AI agents hold funds and automatically pay for online data and services, and a Ripple executive said such payments make up about 25% of XRP Ledger activity. Each new account, however, must receive the network's minimum reserve of 1 XRP to activate, even if it is only used for stablecoin payments. XRPL AI Hub data showed more than 14.3 million cumulative transactions across 169 merchants, but total value was only about 6,991 XRP and 12,752 RLUSD, indicating most payments are very small.
- Standard Chartered offers RLUSD custody in Dubai and plans LMAX collateral link
Standard Chartered's Dubai branch now offers regulated institutional custody for Ripple's USD-pegged RLUSD stablecoin on the XRP Ledger. The bank and LMAX Group plan to let clients use RLUSD held at Standard Chartered as trading collateral on LMAX without transferring it to the venue, but this is not yet live and remains subject to documentation, testing, regulatory requirements and internal approvals. The bank, with nearly $450 billion in assets under management, is expanding its digital-asset custody business, and the arrangement also advances Ripple's effort to position RLUSD as a settlement and collateral asset for institutions. Ripple provided LMAX with $150 million in financing in January to embed RLUSD in its institutional infrastructure. Earlier, Standard Chartered said it planned custody for selected cryptocurrencies, stablecoins and tokenized real-world assets in Singapore, after fully acquiring Zodia Custody this year.
- XRP Ledger Repairs Its Lending Protocol Before It Goes Live
XRP Ledger developers are patching the new lending protocol before launch with a follow-up amendment, LendingProtocolV1_1, to fix the original LendingProtocol while it remains in the network's voting queue. The protocol enables on-chain, fixed-term, uncollateralized loans from pooled funds, relying on off-chain underwriting and "first-loss capital" to absorb defaults. The move follows a near-miss, in which a payment-engine bug that could have let an attacker mint counterfeit XRP sat dormant for years before being flagged and fixed. Amendments must earn support from at least 80% of trusted validators over a two-week period before activating.
Related markets
Latest news
- The real source of tech market volatility is cash flow, not credit default swaps
Yahoo Finance Executive Editor Brian Sozzi argues that the main driver of volatility in tech stocks is collapsing free cash flow at hyperscalers, not credit default swaps, since that cash will be used to repay the debt they take on to fund AI infrastructure. Citing Evercore ISI's Julian Emanuel, he notes the hyperscaler group of Meta, Amazon, Google, Microsoft, Oracle and SpaceX is expected to have free cash flow near negative $200 billion over the next year. Meta posted negative free cash flow in its third quarter for the first time since 2012, while SpaceX burned about $9.9 billion, and neither company signaled a slowdown in spending. Similar commentary is expected from Google, Amazon and Microsoft when they report this week, which supports Emanuel's view of more quarters of negative free cash flow.
- Nasdaq-100 comes onchain as Janus Henderson and Centrifuge launch first licensed fund
Janus Henderson and Centrifuge launched JQQQ, an issuer-sponsored fund on the Stellar blockchain that tracks the Nasdaq-100 Index, with Janus Henderson issuing and managing the fund, Centrifuge providing the blockchain infrastructure, and Nasdaq licensing the index. Unlike third-party stock tokens, the fund is issued by the manager itself, so investors are not relying on shares held in custody or separate instruments that track prices. Janus Henderson said its onchain investment platform now holds more than $1 billion across Treasuries, structured credit and equities. The launch highlights a growing divide between funds issued onchain by their managers and third-party tokens created without the underlying companies' involvement.
- 3 Reasons to Buy Meta Platforms Stock Before 2027
The article gives three reasons why Meta Platforms (META) may be an opportunity after a pullback: as of Oct. 22, the stock was about 18% below its September high of $779.82. Meta is rolling out Muse, its personal AI agent, which was downloaded by more than 10 million people in its first six weeks, across apps used by 3.6 billion people daily. AI-driven ad upgrades lifted third-quarter revenue 26% to nearly $65 billion, and management expects fourth-quarter revenue of $73 billion to $76 billion. Operating profit fell 37% due to a one-time $9.9 billion legal charge; excluding it, operating income rose 11% to about $22.9 billion. At about $650, the stock trades at a forward P/E of 21.5 on 2026 estimates, while planned 2026 capital expenditures of $135 billion to $145 billion are the main item to watch.
- Ripple strikes deal with Robinhood to expand its RLUSD digital dollar
Ripple has struck a deal with Robinhood to expand use of its RLUSD stablecoin for institutional trade settlement and Robinhood's treasury operations, and to broaden access to digital asset trading and financing through Ripple Prime and Bitstamp, which Robinhood acquired last year. The partnership supports Robinhood's goal of becoming a global financial super-app. Ripple's president says stablecoins have become critical financial infrastructure, while Circle is pursuing a similar model that pairs stablecoins with cross-border payment infrastructure. RLUSD's market cap has grown past $2.5 billion, while the total stablecoin market exceeds $300 billion and is dominated by Tether's USDT and Circle's USDC. Robinhood shares rose about 2.5% in early trading Tuesday.
- Down Nearly 65% From Its 52-Week High, Has Rocket Lab Stock Become a Bargain Buy?
Rocket Lab (RKLB) stock closed just under $54 on Monday, down 64% from its peak of $151 in late May, before the SpaceX IPO reduced investor interest in space stocks. At a $34 billion market cap, it is far smaller than SpaceX, which is valued at about $2 trillion. The company's latest reported revenue was $234 million, up 62% year over year, and trailing 12-month revenue is $769 million. Its Electron rocket can carry payloads up to 300 kg, while the larger Neutron rocket can carry up to 13,000 kg, or 15,000 kg on expendable missions, though its first launch has been delayed until next year. The article notes the business remains unprofitable and its spending is likely to stay high.
- 800 VDC Data Center Power Architecture Market to Reach USD 59.76 Billion by 2034 as AI Racks Outgrow AC Power
According to Polaris Market Research, the global 800 VDC data center power architecture market was valued at $16.24 billion in 2025 and is projected to reach $59.76 billion by 2034, growing at a 15.6% CAGR from 2026 to 2034. As AI rack power density rises, operators are shifting to higher-voltage direct current to reduce conversion steps, copper use and energy losses. Google, Microsoft and NVIDIA, alongside more than 80 Open Compute Project companies, announced plans in 2026 to standardize 800 VDC specifications. Retrofits of existing facilities accounted for 58.36% of deployments in 2025, while native 800 VDC revenue is expected to begin around 2029. North America led with $6.22 billion in 2025, while Asia Pacific is projected to grow fastest at a 16.7% CAGR.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.