RLUSD is also supported in Binance’s Simple Earn program, where users can earn yield with flexible terms and no fixed lock period.
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Deposits Open, Withdrawals Soon
Following the RLUSD Integration, users can now generate deposit addresses and transfer RLUSD directly through the XRP Ledger. Meanwhile, withdrawals will be enabled once there is enough liquidity on the network.
Even before Binance, RLUSD was already listed on major exchanges like Bitstamp, Kraken, Gemini, and Bitget.
In total, it is now available on more than 16 exchanges worldwide, helping increase adoption among both retail and institutional users.
RLUSD sees Growth and Stability
Ripple’s stablecoin RLUSD has grown steadily since its launch in December 2024. Its market cap is now above $1.52 billion, while the price continues to stay close to $1, moving in a tight range.
Meanwhile, RLUSD is backed 1:1 by U.S. dollar deposits, Treasury bills, and other liquid assets under a New York Department of Financial Services (NYDFS) trust charter.
Reports show its reserves are over 103% of its total supply, which adds strong trust and credibility.
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FAQs
It allows users to deposit RLUSD via XRP Ledger, trade new pairs, and access fast, low-cost transfers with improved liquidity on Binance.
Yes. RLUSD is backed 1:1 by U.S. dollars, Treasury bills, and liquid assets under a NYDFS trust charter, with reserves exceeding supply.
Withdrawals will be enabled once sufficient on-chain liquidity is established to ensure smooth and reliable transfers for users.
RLUSD is supported in Binance Simple Earn, offering flexible yield options with no fixed lock-up period for added convenience.
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