Ripple Expects Its Stablecoin to Reach Robinhood App Users Later This Year

Ripple expects its stablecoin to become available to Robinhood app users later this year. Robinhood is also moving its treasury operations onto Ripple software and integrating the stablecoin into institutional settlement on the XRP Ledger, according to Ripple. This expansion could boost adoption of Ripple's stablecoin in the retail and institutional markets.