Key Highlights: Robinhood has entered into a strategic partnership with Ripple to modernize and automate its worldwide treasury operations and leverage $RLUSD on the XRP Ledger (XRPL). Ripple reported an annualized product revenue run rate approaching $900 million exiting 2026, driven by enterprise adoption across institutional banking and fintech leaders. $RLUSD is listed on Robinhood ...
Key Highlights: The number of clients utilizing multiple Ripple products concurrently has tripled by 2026, with cumulative payment volume approaching $150 billion by year-end. Ripple’s dollar-pegged stablecoin, RLUSD, achieved a market capitalization of $2.6 billion and serves as institutional collateral across round-the-clock swap facilities. Major financial players like Aviva Investors and Brevan Howard are expanding ...
Key Highlights: Ripple’s $RLUSD has secured the first-ever investment-grade deposit rating from credit rating agency Moody’s. Reserve architecture maintained by SCTC targets a 103% overcollateralization ratio, backed by cash and short-duration U.S. government assets primarily custodied with The Bank of New York Mellon. Distribution of the stablecoin is expanding rapidly across premier platforms, including Robinhood, ...
Key Highlights: The Bank of New York Mellon Corp. (BNY) has expanded institutional access to $XRP and Ripple USD ($RLUSD) through its Digital Asset Custody platform. Privy and Robinhood Markets Inc. have partnered with Ripple to integrate $XRP and $RLUSD into programmable wallets, institutional settlement, and corporate treasury management. Ripple secured final regulatory approval for ...
Key Highlights Ripple CEO Brad Garlinghouse reaffirmed his support for Treasury Secretary Scott Bessent, citing his ongoing leadership and backing for the CLARITY Act. Ripple Treasury launched its 24/7 Returns product, allowing corporate clients to earn yields on idle balances using assets such as the Ripple USD (RLUSD) stablecoin. Strategic commercial milestones were highlighted, including ...
Key Highlights: Brokerage infrastructure firm DriveWealth has partnered with Ripple to integrate stablecoin settlement and digital asset capabilities into its international network. The rollout includes planned European integration for the RLUSD stablecoin, Ripple Payments for cross-border partner money movement, and potential European custody solutions. The collaboration also contemplates potential equity financing through Ripple Prime, though ...
Key Highlights: Ripple has secured final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish Ripple National Trust Bank under federal supervision. The market capitalization of the firm’s dollar-pegged stablecoin, $RLUSD, has risen past $2.6 billion, marking an increase of over 88 percent since the start of the year. Ripple’s ...
Key Highlights Developers on the XRP Ledger have proposed a new SponsoredAccountCreate transaction to enable the creation of zero-balance accounts. Under the proposal, existing accounts can act as sponsors, covering the mandatory 1 XRP reserve requirement and transaction fees on behalf of new wallets. The functionality aims to streamline user onboarding for payment applications, enterprise ...
Key Highlights: Moody’s has assigned Ripple’s dollar-pegged stablecoin, RLUSD, an A2 rating for long-term deposits and a P-1 rating for short-term deposits. The rating reflects RLUSD’s conservative reserve structure, which targets a 103% reserve coverage ratio composed largely of short-term U.S. Treasury bonds and cash. Standard Custody & Trust Company issues the stablecoin on the ...
Key Highlights: Treasury Secretary Scott Bessent positioned digital assets as a cornerstone for maintaining US dollar dominance, framing stablecoins as a key funding driver for US Treasuries. Ripple announced major enterprise integrations, partnering with retail trading powerhouse Robinhood for settlement, prime brokerage, and treasury operations. Ripple secured final OCC approval for Ripple National Trust Bank, ...
Key Highlights: Robinhood has forged a partnership with Ripple to introduce the RLUSD stablecoin across both retail and institutional operations, even while remaining an active member of the competing USDG-distributing Global Dollar Network. The institutional scope includes Bitstamp utilizing RLUSD on the XRP Ledger for settlement, Robinhood implementing Ripple’s treasury software, and upcoming plans to ...
Key Highlights: Ripple and Robinhood have expanded their partnership to integrate the $RLUSD stablecoin across retail and institutional services, including the main Robinhood app, Robinhood Chain, and Bitstamp. Robinhood will implement Ripple Treasury infrastructure to modernize its global liquidity, cash flow forecasting, payments, and risk management operations. Ripple has broadened alliances with BNY for $XRP ...