- 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 world crypto infrastructure.
- BitStamp will increase RLUSD adoption throughout the worldwide market throughout its early integration part.
In response to feedback made at XRPL Apex 2025, the XRP Ledger neighborhood’s annual summit, Ripple’s new RLUSD Stablecoin is gaining consideration on Bitstamp. BitStamp normal supervisor Leonard Hoh stated RLUSD is presently one of the vital traded stub cash on the trade. The replace comes days after Robinhood accomplished its $200 million acquisition of BitStamp amid a normal rise in Stablecoin exercise.
HOH spoke to contributors on the XRPL important stage to substantiate that RLUSD was already “High 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 just lately surpassed its $250 billion capitalisation, and RLUSD entries have contributed to this development. BitStamp has established itself as a central venue for RLUSD and XRP liquidity, and HOH describes it as “one of many biggest liquidity of XRP and RLUSD at the moment.”
Stablecoin’s market capitalization is over $250 billion and is simply starting.
XRPL MainStage, Leonard Hoh, Basic 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 presently serves customers throughout a number of continents. In response to HOH, the trade’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 world push
Robinhood closed its acquisition of BitStamp in early June, marking a significant transfer in its international enlargement 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 via BitStamp will strengthen Robinhood’s capabilities in settlement, custody and worth discovery. These instruments are anticipated to assist Robinhood’s ambitions to construct a world crypto presence utilizing BitStamp’s current infrastructure and market repute.
One of many oldest exchanges within the Crypto business, Bitstamp is now a significant operational hub as it’s about to increase into the UK, Europe and Asia. The acquisition follows a bigger initiative at Robinhood to create a world platform that caters to retail and institutional necessities.
Elevated traction on BitStamp because of RLUSD is an indicator of elevated utility in XRP ledgers. RLUSD is without doubt one of the first and solely stub cash because of XRPL and is utilized in many functions and buying and selling pairs. In response to HOH’s assertion, each institutional customers and retail customers are starting to make use of RLUSD as a handy and secure industrial asset.
