defi ·
3% jump in HOOD stock after Robinhood partners with Ripple for RLUSD adoption
With Robinhood stock (HOOD) rising more than 3% to trade at $96, the firm revealed a collaboration with Ripple aimed at boosting the use of the RLUSD stablecoin.
This accord integrates Ripple's offerings—including its stablecoin, treasury management, and institutional trading services—into Robinhood's financial activities. Analysts are currently paying close attention to its trading revenue as Robinhood gets ready to disclose its third-quarter earnings. The article titled "HOOD Stock Jumps as Robinhood Partners With Ripple to Expand RLUSD Adoption" was originally published on CoinGape.
Earlier coverage
Reported by coingape.com.
