HOOD Stock Jumps as Robinhood Partners With Ripple to Expand RLUSD Adoption

Robinhood stock (HOOD) has gained over 3% to trade at $96 as the company announced a partnership with Ripple to expand RLUSD stablecoin adoption. The agreement brings Ripple’s stablecoin, treasury management, and institutional trading services into Robinhood’s financial operations. The announcement comes as Robinhood prepares to report third-quarter earnings, with analysts monitoring its trading revenue