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Ripple partners with Robinhood to expand RLUSD stablecoin

Original: Ripple strikes deal with Robinhood to expand its RLSUD digital dollar

Ripple has struck a deal with Robinhood to broaden the reach of its RLUSD digital dollar, according to CNBC. The partnership would make Ripple's stablecoin available to Robinhood's large retail customer base, strengthening its position against rivals such as Circle's USDC and Tether. It marks another step in Ripple's push beyond cross-border payments into the wider stablecoin market.

Why now: Ripple's stablecoin gaining distribution through a major retail brokerage is significant news for the crypto and payments industry.

RippleRobinhoodRLUSD

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