Exchanges· ★★★★· bullish·

Ripple and Robinhood expand RLUSD use for settlement and treasury

  • —RLUSD will be used for institutional settlement and Robinhood's treasury operations
  • —Robinhood will automate part of its treasury tasks through Ripple Treasury
  • —Trading and financing access will expand via Ripple Prime and Bitstamp
  • —RLUSD circulation is about $2.4 billion against a $300 billion+ stablecoin market
Why it matters: Stablecoins are moving beyond trading into institutional settlement and corporate treasury, sharpening Ripple's competition with Circle.
#XRP#USDT#USDC
Source: DiarioBitcoin
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