Altcoins● Neutral

Robinhood to add Ripple's RLUSD stablecoin despite backing rival USDG

TradingGain Newsroom·2d ago·27 Oct 2026, 16:35 UTC

Robinhood helped launch USDG, a rival dollar-backed token, but will also offer Ripple's $2.5 billion RLUSD stablecoin to retail customers later this year. The move suggests the broker is willing to support more than one dollar stablecoin. For traders, it may signal wider retail access to stablecoins on major platforms.

XRPAt the time of writing, XRP traded at $1.32 (+1.7% in 24h).Live price →

Why it matters

Robinhood helped launch USDG, a dollar-backed token that competes with RLUSD.
Ripple's RLUSD stablecoin is valued at $2.5 billion, according to the report.
Retail customers will be able to access RLUSD later this year.

What to watch next

Watch for the date Robinhood gives for making RLUSD available to its retail customers.

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This brief is written by TradingGain from public reporting by CoinDesk.Read original ↗

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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.