- RLUSD ranks amongst high 3 stablecoins traded on Bitstamp, driving XRP Ledger exercise.
- Robinhood’s $200M Bitstamp deal provides 50+ licenses and world crypto infrastructure.
- Bitstamp expands RLUSD adoption throughout world markets throughout early integration part.
Ripple’s new RLUSD stablecoin is gaining traction on Bitstamp, in keeping with remarks made at XRPL Apex 2025, the annual summit for the XRP Ledger neighborhood. Leonard Hoh, Common Supervisor of Bitstamp, stated RLUSD is now one of the vital traded stablecoins on the alternate. The replace comes amid a normal improve in stablecoin exercise and simply days after Robinhood accomplished its $200 million acquisition of Bitstamp.
Hoh addressed attendees on the XRPL most important stage, the place he confirmed that RLUSD has already grow to be a “top-three traded stablecoin” on Bitstamp. He added that the token’s efficiency has pushed main quantity on the XRP Ledger, the place the stablecoin is natively issued.
The stablecoin market as a complete just lately surpassed a capitalization of $250 billion, with RLUSD’s entry contributing to this development. Bitstamp has positioned itself as a central venue for RLUSD and XRP liquidity, with Hoh describing the alternate as “one of many greatest liquidity venues for XRP and RLUSD in the present day.”
Stablecoin market cap has surpassed $250B, and is simply getting began.
On the XRPL mainstage at @xrplapex, Leonard Hoh, Common Supervisor, @Bitstamp by @RobinhoodApp shared how RLUSD is unlocking real-world utility for each institutional and retail customers on XRPL. pic.twitter.com/snyn50Iw88
— RippleX (@RippleXDev) June 12, 2025
Regardless of its European origins, Bitstamp now serves customers throughout a number of continents. Based on Hoh, the alternate’s buyer base contains merchants from Europe, the U.Okay., North and South America, and Asia. He highlighted that this world consumer interplay is going on throughout what continues to be the early part of RLUSD adoption.
Robinhood Features Licenses and Infrastructure in World Push
Robinhood closed its acquisition of Bitstamp in early June, marking a serious transfer in its world growth technique. The $200 million deal added greater than 50 crypto licenses to Robinhood’s portfolio and launched a brand new institutional infrastructure for the agency. This contains lending, staking, and “crypto as a service” instruments designed for fintech companies, hedge funds, and registered funding advisors.
The infrastructure acquired by Bitstamp enhances Robinhood’s capabilities in settlement, custody, and worth discovery, three pillars of institutional crypto operations. These instruments are anticipated to assist Robinhood’s ambitions to construct out its world crypto presence utilizing Bitstamp’s present infrastructure and market fame.
Bitstamp, which is among the many oldest exchanges within the crypto business, will now be a serious operational hub as Robinhood seems to increase to the U.Okay., Europe, and Asia. The acquisition follows the bigger initiative at Robinhood to create a world platform, catering to the retail in addition to institutional necessities.
The achieve in traction on Bitstamp by RLUSD is an indicator of its elevated utility on the XRP Ledger. RLUSD is among the many first and solely stablecoins native to XRPL, and is seeing utilization in various purposes and buying and selling pairs. Based on the remarks of Hoh, each institutional and retail customers begin to use RLUSD as a handy and secure on-ledger asset.
