TL;DR
- Binance Integration: Binance activated RLUSD deposits on the XRP Ledger, with withdrawals coming once liquidity grows.
- Trading and Yield: New RLUSD trading pairs, zero‑fee options, and Simple Earn support aim to boost usage and liquidity.
- Stablecoin Growth: RLUSD now trades on 16+ exchanges, holds a $1.52 billion market cap, and maintains over 103% reserve backing.
Binance has completed its integration of Ripple USD on the XRP Ledger, marking a significant expansion for the fast‑growing stablecoin. The exchange confirmed that RLUSD deposits are now active, with withdrawals set to follow once sufficient liquidity is available. The move arrives as demand for regulated, transparent, and efficient stablecoins continues to rise across global markets.
Binance Finalizes RLUSD Integration on XRP Ledger
Ripple executive Reece Merrick confirmed that Binance has fully completed the technical integration of Ripple USD on the XRP Ledger. This enables users to generate deposit addresses and transfer the stablecoin directly through the network. The XRP Ledger’s low‑cost and high‑speed settlement design makes Ripple USD transfers more efficient for traders and institutions seeking stable value and rapid payments.
Binance has introduced multiple trading pairs, including RLUSD/USDT, RLUSD/U, and XRP/RLUSD, broadening liquidity options for users. The exchange also launched zero trading fees on selected pairs, a move aimed at accelerating adoption and boosting activity. Ripple USD is additionally available through Binance’s Simple Earn program, offering flexible yield opportunities without fixed lock periods.
Growing Exchange Support and Market Presence
Before Binance’s integration, RLUSD was already listed on major platforms, including Bitstamp, Kraken, Gemini, and Bitget. With availability now spanning more than 16 exchanges worldwide, Ripple USD continues to gain traction among retail and institutional users. Since launching in December 2024, the stablecoin’s market cap has climbed above $1.52 billion, while its price has remained close to $1, reflecting its stability.
Ripple USD is backed 1:1 by U.S. dollar deposits, Treasury bills, and other liquid assets held under a New York Department of Financial Services trust charter. Reports indicate that reserves exceed 103% of total supply, reinforcing confidence in the asset’s reliability. This regulatory structure and transparent reserve model have helped position Ripple USD as a credible option in the expanding stablecoin sector.
