Will Robinhood’s Support for Stellar Signal a Potential XRP Addition?

Robinhood Crypto EU announced on October 23 that it is now supporting Stellar (XLM) for crypto transfers, expanding its range of supported cryptocurrencies.

With this update, users can deposit and withdraw XLM on the platform and receive a temporary 1% deposit bonus.

This feature enables European customers to manage over 25 cryptocurrencies, including Bitcoin, Ethereum, and Solana, while enjoying enhanced security and educational resources.

Earlier this week, Robinhood also incorporated Solana into its transfer options, amid increasing speculation about potential ETF launches for both Solana and XRP. While XRP is available for trading on the platform, it is currently restricted to EU users.

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Robinhood previously excluded several tokens from its crypto transfer features, including XRP, zkSync, and Polkadot. Johann Kerbrat, VP and GM of Robinhood Crypto, stated that the introduction of crypto transfers aims to simplify self-custody and enhance access to decentralized finance (DeFi) for customers.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.