- RLUSD ranks among the many high 3 Stablecoins traded on BitStamp, selling XRP ledger exercise.
- Robinhood's $200 million bit stamp transaction provides over 50 licenses and a worldwide crypto infrastructure.
- BitStamp will develop RLUSD adoption throughout the worldwide market throughout its early integration part.
Based on feedback made at XRPL Apex 2025, the XRP Ledger neighborhood's annual summit, Ripple's new RLUSD Stablecoin is gaining consideration on Bitstamp. BitStamp common supervisor Leonard Hoh stated RLUSD is at the moment some of the traded stub cash on the change. The replace comes days after Robinhood accomplished its $200 million acquisition of BitStamp amid a common rise in Stablecoin exercise.
HOH spoke to contributors on the XRPL major stage to substantiate that RLUSD was already “Prime 3 Traded Stablecoin” on Bitstamp. He added that the efficiency of the tokens drives the principle quantity of the XRP ledger, the place Stablecoin was issued natively.
The general Stablecoin market has not too long ago surpassed its $250 billion capitalisation, and RLUSD entries have contributed to this pattern. BitStamp has established itself as a central venue for RLUSD and XRP liquidity, and HOH describes it as “one of many best liquidity of XRP and RLUSD in the present day.”
Stablecoin's market capitalization is over $250 billion and is simply starting.
XRPL MainStage, Leonard Hoh, Common Supervisor, @BitStamp by @RobinhoodApp from @XRPLAPEX shared how RLUSD unlocks substantial utilities for each institutional and retail customers of XRPL. pic.twitter.com/snyn50iw88
– Ripplex (@ripplexdev) June 12, 2025
Regardless of its European origins, BitStamp at the moment serves customers throughout a number of continents. Based on HOH, the change's buyer base consists of merchants from Europe, the UK, North, South America and Asia. He emphasised that this international consumer interplay happens early within the adoption of RLUSD.
Robinhood wins licenses and infrastructure with a worldwide push
Robinhood closed its acquisition of BitStamp in early June, marking a significant transfer in its international growth technique. The $200 million transaction added over 50 cryptographic licenses to the Robinhood portfolio, bringing new institutional infrastructure into the corporate. This consists of “crypto-as-a-service” instruments designed for lending, staking, and fintech corporations, hedge funds and registered funding advisors.
The infrastructure acquired by means of BitStamp will strengthen Robinhood's capabilities in settlement, custody and value discovery. These instruments are anticipated to assist Robinhood's ambitions to construct a worldwide crypto presence utilizing BitStamp's current infrastructure and market fame.
One of many oldest exchanges within the Crypto business, Bitstamp is now a significant operational hub as it’s about to develop into the UK, Europe and Asia. The acquisition follows a bigger initiative at Robinhood to create a worldwide platform that caters to retail and institutional necessities.
Elevated traction on BitStamp attributable to RLUSD is an indicator of elevated utility in XRP ledgers. RLUSD is likely one of the first and solely stub cash attributable to XRPL and is utilized in many functions and buying and selling pairs. Based on HOH's assertion, each institutional customers and retail customers are starting to make use of RLUSD as a handy and secure industrial asset.