
Bitstamp's Top Stablecoin: RLUSD Surges to 3rd Most Traded, Exec Insights Revealed
Bitstamp’s top executive reveals that RLUSD is rapidly gaining traction on their exchange[...]
Robinhood's Bitstamp Bets Big on RLUSD Stablecoin as Crypto Market Matures
Stablecoin Surge Fuels XRPL Ecosystem Growth
The cryptocurrency market has achieved a significant milestone with stablecoin market capitalization exceeding $250 billion. Ripple's new RLUSD stablecoin is emerging as a key player in this growing sector, gaining rapid adoption within the XRP Ledger (XRPL) ecosystem.
At the recent Apex 2025 summit - the premier XRPL community event - Bitstamp General Manager Leonard Hoh shared compelling insights about RLUSD's market performance. The stablecoin has become one of Bitstamp's most actively traded assets, reinforcing the exchange's position as a top liquidity provider for both XRP and RLUSD.
Robinhood's Expansion and Bitstamp's Global Reach
Hoh's comments follow Robinhood's strategic $200 million acquisition of Bitstamp, which provides the trading platform with:
- Over 50 global crypto licenses
- Access to Bitstamp's institutional client network
- Expanded capabilities in crypto lending and staking
- "Crypto as a service" infrastructure
This acquisition enables Robinhood to leverage Bitstamp's established presence across Europe, the UK, Asia, and the Americas, positioning the combined entity as a major force in the digital asset space.
RLUSD: Unlocking Real-World Utility on XRPL
Hoh emphasized that RLUSD's strong performance on Bitstamp demonstrates its practical value for both institutional and retail users within the XRPL ecosystem. As one of the platform's top three traded stablecoins, RLUSD is:
- Enhancing liquidity on the XRP Ledger
- Driving increased platform activity
- Providing stability in volatile markets
This growth mirrors the broader industry trend where stablecoins are becoming essential components of cryptocurrency ecosystems, valued for their stability and utility in transactions.
The Future of Crypto: Robinhood, Bitstamp, and RLUSD
The combination of Robinhood's acquisition strategy and Bitstamp's adoption of RLUSD highlights the cryptocurrency market's ongoing evolution. As institutional participation increases, exchanges like Bitstamp will play crucial roles in:
- Bridging traditional and digital finance
- Facilitating mainstream crypto adoption
- Supporting innovative financial products
RLUSD's success on Bitstamp validates Ripple's ability to create solutions that meet market needs. The dynamic between Robinhood, Bitstamp, and RLUSD will likely continue influencing the industry's development as cryptocurrency adoption expands globally.