Binance (@binance) will distribute 600,000 $XRP to eligible users who hold Ripple USD ($RLUSD) on its platform, in a campaign that runs from October 23 to November 20, 2026. According to Bina
Binance (@binance) will distribute 600,000 $XRP to eligible users who hold Ripple USD ($RLUSD) on its platform, in a campaign that runs from October 23 to November 20, 2026.
According to Binance's official announcement, the campaign begins on October 23, 2026 at 00:00 UTC and ends on November 20, 2026 at 00:00 UTC.XRP rewards will be sent to eligible users' Spot accounts within their main Binance accounts.
Payouts are made weekly, every Friday. The first distribution is scheduled for October 30, followed by November 6, 13 and 20.
To qualify, users must hold at least 0.01 RLUSD in a spot, funding, Earn or margin account.In Earn accounts, only RLUSD balances in Flexible Savings products count.Users do not need to hold XRP to take part.
Rewards are calculated from hourly balance snapshots. Snapshots are taken hourly, with the lowest daily balance becoming that day's qualifying balance, and weekly rewards use a 7-day average of that balance multiplied by an effective APR that Binance publishes each Friday.
There is no individual cap on rewards, but the program will end once the 600,000 XRP pool is exhausted. Payouts therefore depend on qualifying balances and the rewards available.
Binance has also added bonus multipliers. Users who increase their RLUSD balance compared with the previous two weeks receive a 1.2x multiplier, while those who subscribe to RLUSD Flexible Savings receive 1.1x.Multipliers of up to 1.3x are available.Users must also complete identity verification and meet the campaign's participation requirements.
The campaign targets holders of a stablecoin that has grown quickly since launch. RLUSD is a U.S. dollar-backed stablecoin issued by Standard Custody & Trust Company, a subsidiary of Ripple Labs.RWA.xyz data showed a market capitalization of about $2.35 billion as of October 20, 2026.
RLUSD launched in December 2024, and its supply is spread almost evenly across the XRP Ledger and Ethereum.Ripple has positioned it mainly as enterprise infrastructure for cross-border payments, treasury management, liquidity and institutional settlement rather than as a retail trading asset.
Reward programs like this one are a common way for exchanges to attract balances to a specific asset. Participants should check the full terms on Binance, including regional restrictions, before taking part.
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