Robinhood to Add Ripple’s RLUSD Despite Role in Rival USDG
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Robinhood plans to offer Ripple’s RLUSD stablecoin to retail customers later this year, alongside its involvement in rival token USDG.
Robinhood will make Ripple’s RLUSD stablecoin available to retail customers later this year, according to CoinDesk.
The planned addition comes despite Robinhood’s role in helping launch USDG, a competing dollar-backed token.
CoinDesk described RLUSD as a $2.5 billion stablecoin. The move would extend Robinhood’s stablecoin offering beyond the rival project it helped establish.
Source: CoinDesk
