RLUSD Soars on Bitstamp as Robinhood’s Expansion Boosts Stablecoin Momentum

Ripple’s RLUSD stablecoin is seeing explosive growth on Bitstamp following a major shakeup of ownership. Robinhood’s recent acquisition of the European exchange, worth $200 million, has sparked significant market activity across the XRP Ledger ecosystem. Leonard Hoh, general manager at Bitstamp, revealed insights during the Apex 2025 XRPL summit, highlighting how RLUSD has quickly become one of the top three traded stablecoins on the platform in a short time frame. This rise is attributed to Bitstamp’s increased liquidity for both RLUSD and XRP. Furthermore, Bitstamp now attracts trading participation from Europe, the UK, Asia, and North America, further fueling this momentum as the platform expands its reach globally.