Brad Garlinghouse, the chief executive of Ripple, marked the tenth anniversary of the company's flagship conference, Swell, with a series of significant announcements on X. He expressed gratitude to US Treasury Secretary Scott Bessent for his role in fostering a regulatory environment that allows responsible crypto assets to operate within the United States.

“We’re kicking off 10 years of @RippleSwell with a bang! 1/ Goes without saying, but it was an honor to open up our conference with @SecScottBessent. His leadership, alongside the current administration, has been instrumental in ensuring that responsible crypto can thrive in the US. I’m extremely grateful he spent time with us today. 2/ BIG partner news 🚨 we're bringing Ripple’s infrastructure to @RobinhoodApp (supporting both customer-facing services and core financial operations), from $RLUSD settlement on the @XRP Ledger to prime brokerage and treasury operations & expanding our relationship with @BNYglobal across custody and tokenized trade finance with RLUSD, XRP and the XRP Ledger. 3/ We are bringing digital assets to corporates 👀 → Ripple Treasury introduced 24/7 Returns designed to help corporates put idle cash to work outside banking hours utilizing stablecoins (this is one ”

— Brad Garlinghouse (@bgarlinghouse) on X · X ↗

Context

According to Garlinghouse, Ripple has expanded its infrastructure integration with Robinhood to support both customer-facing services and core financial operations. This includes settling transactions using the RLUSD stablecoin on the XRP Ledger and providing prime brokerage and treasury services. He also noted an expanded relationship with BNY Global focused on custody and tokenized trade finance using RLUSD, XRP, and the XRP Ledger.

The post further detailed the launch of Ripple Treasury's 24/7 Returns feature, which allows corporations to manage idle cash using stablecoins outside of standard banking hours. Garlinghouse concluded by confirming that the Office of the Comptroller of the Currency granted final approval for Ripple National Trust Bank, a key milestone for the company's banking ambitions in the US.

Brad Garlinghouse is not affiliated with COINMAG. The quote comes from a public post on X; the context was written by the COINMAG newsroom.