Ripple and Robinhood Expand RLUSD for Institutional Settlement
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TLDR: RLUSD is going live on Robinhood Chain and Bitstamp, while a listing on Robinhood’s main trading app is expected later this year. Robinhood will use Ripple Treasury for internal cash operations and Ripple Prime for financing, while Bitstamp accesses RLUSD settlement for institutions. Ripple says RLUSD market capitalization has exceeded $2.5 billion, but USDT [...]
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Source: Source: Blockonomi