Binance has introduced a new rewards campaign that offers eligible Ripple USD (RLUSD) holders the opportunity to earn XRP over four weeks. The initiative got more attention after crypto enthu
Binance has introduced a new rewards campaign that offers eligible Ripple USD (RLUSD) holders the opportunity to earn XRP over four weeks.
The initiative got more attention after crypto enthusiast Amelie highlighted the promotion, explaining on X that Binance would distribute $800,000 in XRP to eligible RLUSD holders weekly until August 14. While the campaign is genuine, the wording of the post does not fully reflect the promotion’s structure.
According to Binance’s official campaign details, the $800,000 represents the total prize pool for four weeks, not the amount distributed each week. The exchange plans to allocate the rewards across four weekly installments. This implies approximately $200,000 in XRP will be distributed every week throughout the campaign, which runs from July 17 through August 14.
HUGE: BINANCE WILL DISTRIBUTE $800,000 IN $XRP TO ELIGIBLE RLUSD HOLDERS WEEKLY UNTIL AUGUST 14!
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— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) July 26, 2026
The promotion is not available automatically to every RLUSD holder. Binance established several eligibility conditions that participants must satisfy to qualify for the weekly XRP distributions.
Users must hold RLUSD in eligible Binance products, including Earn Flexible Savings, Margin accounts, or USD-M Futures accounts. In addition, participants must maintain a minimum daily RLUSD balance of 0.01 RLUSD based on daily account snapshots.
The exchange also requires users to remain active traders. Eligible participants must maintain an average daily trading volume of at least $500 on Margin or Futures while using RLUSD as collateral. Binance will distribute rewards directly into qualifying users’ Spot wallets every Friday by 18:00 UTC during the promotional period.
The campaign also includes measures designed to prevent abuse. RLUSD obtained by borrowing other stablecoins, including USDT, USDC, or FDUSD, may receive a 60% haircut or be excluded entirely from reward calculations. Binance stated that these rules are intended to discourage synthetic yield farming and ensure that rewards go to participants contributing genuine liquidity.
Standard identity verification requirements and regional restrictions also apply, meaning eligibility depends on users completing Know Your Customer (KYC) procedures and residing in supported jurisdictions.
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Amelie’s post focused on the XRP rewards aspect of the campaign, drawing attention from members of the XRP community. Although the total prize pool is distributed over four weeks rather than every week, the promotion still represents one of Binance’s larger incentive programs tied to Ripple’s dollar-pegged stablecoin.
The campaign appears designed to increase RLUSD adoption and liquidity across Binance’s ecosystem by encouraging users to hold and actively use the stablecoin. At the same time, rewarding qualifying participants with XRP creates additional engagement around XRP-related trading activity, particularly on RLUSD trading pairs.
As Ripple continues expanding RLUSD’s presence across digital asset platforms, Binance’s incentive program offers another opportunity to increase the stablecoin’s utility while giving eligible users a chance to earn XRP through qualifying trading and account activity before the campaign concludes on August 14.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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