Bitstamp Cites Strong RLUSD Growth as Robinhood Finalizes $200M Acquisition

• RLUSD ranks amongst prime 3 stablecoins traded on Bitstamp, driving XRP Ledger exercise.
• Robinhood’s $200M Bitstamp deal provides 50+ licenses and international crypto infrastructure.
• Bitstamp expands RLUSD adoption throughout international markets throughout early integration section.

Ripple’s new RLUSD stablecoin is gaining traction on Bitstamp, in line with remarks made at XRPL Apex 2025, the annual summit for the XRP Ledger neighborhood. Leonard Hoh, Common Supervisor of Bitstamp, mentioned RLUSD is now probably the most traded stablecoins on the trade. The replace comes amid a common enhance in stablecoin exercise and simply days after Robinhood accomplished its $200 million acquisition of Bitstamp.

Hoh addressed attendees on the XRPL primary stage, the place he confirmed that RLUSD has already turn into 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 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 trade as “one of many largest liquidity venues for XRP and RLUSD at the moment.”

Regardless of its European origins, Bitstamp now serves customers throughout a number of continents. In response to Hoh, the trade’s buyer base contains merchants from Europe, the U.Okay., North and South America, and Asia. He highlighted that this international person interplay is happening throughout what remains to be the early section of RLUSD adoption.

Robinhood Good points Licenses and Infrastructure in World Push

Robinhood closed its acquisition of Bitstamp in early June, marking a serious transfer in its international 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 corporations, hedge funds, and registered funding advisors.

The infrastructure acquired via 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 international crypto presence utilizing Bitstamp’s present infrastructure and market popularity.

Bitstamp, which is among the many oldest exchanges within the crypto business, will now be a serious operational hub as Robinhood seems to develop 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 quite a few functions and buying and selling pairs. In response to the remarks of Hoh, each institutional and retail customers begin to use RLUSD as a handy and secure on-ledger asset.