RLUSD’s Banking and Institutional Expansion — live…

Latest developmentabout 4 hours ago

Ripple and Robinhood Announce Partnership for RLUSD Settlement and Corporate Treasury Management

What changed: Ripple and Robinhood announced a partnership for Bitstamp settlement and institutional treasury management using RLUSD, whose market capitalization exceeded $2.4 billion.

The partnership combines Bitstamp transaction settlement with Robinhood Treasury operations, as the stablecoin’s market capitalization has topped $2.4 billion since its launch in December 2024.

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Situation now

Updated about 1 hour ago

Ripple National Trust Bank has received final federal approval to manage RLUSD reserves and custody digital assets, while issuance remains with a New York-regulated trust company and no date has been set for the bank to begin operations. The latest development is Ripple’s partnership with Robinhood to use RLUSD for Bitstamp transaction settlement and institutional treasury management, with the stablecoin’s market capitalization exceeding $2.4 billion according to the latest announcement. The expansion includes BNY custody of RLUSD for eligible institutional clients, with future plans to enable minting and redemption through the bank. Cross River is also integrating RLUSD into its banking infrastructure through a single connection, although services are currently available in a limited number of U.S. states.

All updates

Tuesday 27 October

18:50
Ripple and Robinhood Announce Partnership for RLUSD Settlement and Corporate Treasury Management
What changed: Ripple and Robinhood announced a partnership for Bitstamp settlement and institutional treasury management using RLUSD, whose market capitalization exceeded $2.4 billion.
The partnership combines Bitstamp transaction settlement with Robinhood Treasury operations, as the stablecoin’s market capitalization has topped $2.4 billion since its launch in December 2024.
about 4 hours agoHOOD
17:08
Ripple Partners with Robinhood to Expand RLUSD Stablecoin Reach
What changed: Ripple signed an agreement with Robinhood to expand RLUSD adoption and provide round-the-clock global liquidity infrastructure.
Ripple has reached a deal with Robinhood to integrate its RLUSD stablecoin, aiming to establish essential financial infrastructure for 24/7 global market liquidity.
about 5 hours agoHOOD
16:07
RLUSD Market Cap Tops $2.5 Billion as BNY Expands XRP and RLUSD Custody
What changed: BNY added RLUSD custody for eligible institutional clients as its market capitalization exceeded $2.5 billion, with over $1 billion issued on XRPL.
The platform will let eligible institutional clients custody and transfer both assets, while Ripple, BNY and C2FO explore supply chain finance alongside a separate settlement initiative on XRPL.
about 6 hours agoAVVIY
15:22
Ripple Wins Final Federal Approval to Manage RLUSD Reserves and Safeguard Digital Assets
What changed: Ripple’s national trust bank received final federal approval to manage RLUSD reserves and custody digital assets.
BNY’s confirmed role concerns custody of stablecoin reserves since 2025 and does not establish that the bank safeguards XRP; the Office of the Comptroller of the Currency’s approval adds federal oversight to Ripple’s banking activities.
about 7 hours agoXRPUSD
15:16
BNY Expands XRP and RLUSD Custody as Stablecoin’s Market Cap Tops $2.5 Billion
What changed: Ripple and BNY expanded cooperation on institutional RLUSD custody, with plans to enable minting and redemption through the bank.
The bank supports custody of both assets for eligible institutional clients, plans to enable RLUSD minting and redemption through BNY in the future, and is exploring trade finance on the XRP Ledger.
about 7 hours agoXRPUSD
12:00
Standard Chartered Launches RLUSD Stablecoin Custody in Dubai
What changed: Standard Chartered began institutional RLUSD custody in the Dubai International Financial Centre and plans a separate arrangement with LMAX to use it as trading collateral.
Standard Chartered's Dubai branch has launched institutional custody for Ripple's RLUSD stablecoin, with plans to utilize the asset as trading collateral.
about 10 hours agoSCBFY
06:36
Ripple Says OCC Gives Final Approval for Trust Bank to Manage $2.5 Billion in RLUSD Reserves
What changed: RLUSD issuance remains with a New York-regulated trust company, and Ripple has not specified when the bank will begin operations.
The bank will manage reserves and custody digital assets, while issuance remains with a New York-regulated trust company; Ripple did not specify when operations will begin.
about 16 hours agoXRPUSD

Monday 26 October

23:42
RLUSD Circulating Supply Reaches $2.3828 Billion, Reserve Funds Total $2.5280 Billion
What changed: RLUSD supply reached about $2.3828 billion and reserves $2.5280 billion, while Arf announced a partnership with Ripple to provide RLUSD settlement liquidity.
Ripple’s figures show supply expanding in the third quarter, while a new partnership will use the stablecoin to provide settlement liquidity for cross-border payments.
about 23 hours ago
19:46
Ripple Secures OCC Approval for National Trust Bank to Support RLUSD
What changed: The 24/7 Returns feature lets eligible clients earn returns on assets including RLUSD, without announcing a yield rate.
U.S. regulators granted final approval for Ripple National Trust Bank, providing a federal framework for the company's stablecoin and digital asset custody services.
1 day agoAVVIYBLK
17:53
Cross River integrates RLUSD into its banking infrastructure as market capitalization tops $2.5 billion
What changed: Cross River integrates RLUSD into its banking infrastructure through a single connection, with services currently limited to select U.S. states.
The integration provides access to currency payments through a single connection, but services are currently available in a limited number of U.S. states, while Bitquery data show transfer value concentrated on XRPL.
1 day ago

Friday 23 October

18:26
Arf Announces Partnership to Provide RLUSD Settlement Liquidity for XRPL Payment Firms
What changed: Arf announces a partnership to provide short-term RLUSD settlement liquidity to payment companies on XRPL.
Liquidity will begin directly on the network, while moving more activity to the native lending protocol depends on its availability; XLS-65 and XLS-66 remain drafts.
4 days ago

Wednesday 21 October

08:25
Ripple launches perpetual swaps covering more than 100 markets for institutions
What changed: Ripple Prime offers institutions perpetual swaps covering more than 100 markets, with RLUSD usable as collateral depending on jurisdiction.
Ripple Prime enables swap trading and settlement throughout the week, with cross-asset margining and use of its stablecoin as collateral, subject to jurisdiction.
7 days agoXRPUSD

Tuesday 20 October

21:26
RLUSD distribution expands in Turkey after market value reaches $1.7 billion
What changed: RLUSD availability expands in Turkey through Inflow Crypto, extending an institutional presence Ripple announced in June.
Availability through Inveo Crypto extends the presence Ripple announced in June, amid Turkish rules requiring audits of crypto asset service providers and banning their use in payments.
7 days ago

Sunday 18 October

09:46
Standard Chartered and Cross River Bank Launch Services for Ripple's RLUSD
What changed: Cross River disclosed plans to support RLUSD settlement within its infrastructure.
Standard Chartered and Cross River Bank detailed new custody and settlement services for Ripple's RLUSD stablecoin as institutional adoption expands.
10 days agoSCBFY

Saturday 17 October

23:08
Virtu Financial Trades Ripple Prime Swaps Linked to 100+ Global Markets
What changed: Virtu traded Ripple Prime swaps, with RLUSD available as collateral where legally permitted.
Virtu Financial executed Ripple Prime swap trades referencing Trade.xyz perpetual futures on Hyperliquid, with RLUSD stablecoin available as collateral for institutional clients.
10 days agoVIRT
15:41
Ripple and DriveWealth Partner for RLUSD US Stock Trading Settlements
What changed: Ripple announced a DriveWealth partnership integrating RLUSD into U.S. equity settlement and enabling faster funding for over 100 brokerage partners.
Ripple partners with DriveWealth to integrate RLUSD stablecoin for stock settlements, offering over 100 brokerage partners faster global funding via the XRP Ledger.
10 days ago

Thursday 15 October

22:05
Cross River Bank Integrates Ripple's RLUSD Stablecoin into Core Systems
What changed: Cross River integrated RLUSD into its core banking system to facilitate payments.
Cross River Bank has integrated Ripple’s RLUSD stablecoin into its core banking infrastructure to enhance cross-border payment efficiency and institutional connectivity.
12 days ago
21:08
DriveWealth to Adopt Ripple's RLUSD for European Settlements
What changed: DriveWealth plans to begin RLUSD settlement in Europe before expanding into the United States.
DriveWealth plans to initiate RLUSD stablecoin settlements in Europe for client collateral funding before expanding the service to the United States market.
12 days ago
17:32
Ripple Offers Institutions Perpetual Swaps Covering More Than 100 Reference Markets
What changed: Ripple Prime offers perpetual swaps covering over 100 reference markets, accepting its stablecoin as collateral with round-the-clock trading and settlement.
Ripple Prime acts as principal in the swaps, accepting its stablecoin as collateral and offering round-the-clock trading and settlement under a British Virgin Islands licence.
12 days ago
14:01
DriveWealth Adopts Ripple's RLUSD Stablecoin for Client Collateral Funding
What changed: DriveWealth will let clients fund collateral accounts with RLUSD, starting in the European market.
Investment infrastructure provider DriveWealth will integrate Ripple's RLUSD stablecoin to facilitate faster collateral account funding for its global partner network, starting in Europe.
12 days ago

Wednesday 14 October

19:02
DriveWealth to Integrate Ripple Solutions as Evernorth Deploys XRP Treasury
What changed: DriveWealth intends to integrate Ripple settlement and payment solutions using RLUSD and the XRPL network.
DriveWealth plans to utilize the XRP Ledger and RLUSD for settlements, while Evernorth prepares to deploy a treasury of 473 million XRP tokens.
13 days agoXRPUSD

Tuesday 13 October

21:45
Ripple Partners with Privy to Expand XRP and RLUSD Digital Payments
What changed: Ripple’s partnership with Privy aims to expand RLUSD use in programmable commerce and AI agent payments.
The collaboration integrates XRPL wallets into developer apps to support programmable commerce and AI-agent transactions.
14 days agoXRPUSD
21:39
Ripple Partners with Privy to Integrate XRP Ledger into Developer Applications
What changed: Ripple’s partnership with Privy lets developers embed native wallets in their applications to manage RLUSD.
The partnership enables developers to embed native wallets for managing XRP and RLUSD, streamlining payments for AI agents and fintech applications.
14 days agoXRPUSD

Monday 12 October

12:30
Standard Chartered Launches Institutional Custody for Ripple's RLUSD
What changed: Standard Chartered, Ripple and LMAX plan to use RLUSD as collateral for trading products, subject to documentation, testing and final regulatory approvals.
The bank plans to enable RLUSD as collateral for trading products in collaboration with Ripple and LMAX Group on the XRP Ledger.
15 days agoSCBFY

Wednesday 7 October

23:23
Clearpool Holders Approve 97% Migration to XRP Ledger
What changed: Clearpool’s institutional lending will use RLUSD after token holders approved migration to XRP Ledger with 97% support.
Clearpool governance participants voted 97% in favor of migrating to the XRP Ledger and rebranding to the CLEAR token to facilitate institutional lending.
20 days ago