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Major crypto exchange Binance has kicked off an airdrop campaign that rewards eligible users holding Ripple USD (RLUSD) stablecoin on its platform. The grand prize pool is $800,000 in XRP. The campaign runs from September 25, 2026, 00:00 (UTC) to October 23, 2026, at 00:00 (UTC).
Binance users are required to hold RLUSD in any Binance account to partake in the XRP Rewards, which will be distributed weekly every Friday by 18:00 (UTC).
Eligible users must hold RLUSD in balance (net assets) in any of the following account categories on Binance: Spot Account; Funding Account; Earn Account (RLUSD in Flexible Savings); Margin Account (RLUSD in Cross Margin, Isolated Margin, or Portfolio Margin).
Eligible users are required to maintain at least 0.01 RLUSD in their Spot, Funding, Earn, or Margin Accounts to qualify for the rewards, which will be airdropped directly to the Spot Accounts of their Binance master accounts.
RLUSD news
US financial services company Cross River Bank announced a partnership with Ripple this week to expand its stablecoin optionality and integrate RLUSD into its banking core infrastructure, with support for transactions on the XRP Ledger. The collaboration combines traditional payment technology with RLUSD on the XRPL, giving issuers and acquirers greater flexibility to settle intraday and reduce settlement latency.
Ripple also announced its partnership with DriveWealth across RLUSD settlement on the XRP Ledger, cross-border payments, custody, and prime brokerage to modernize how money moves across global markets.
DriveWealth will integrate Ripple's stablecoin infrastructure to support settlement in Europe, with plans to expand to the U.S. The integration will leverage RLUSD on the XRP Ledger (XRPL), alongside Ripple's mint and burn capabilities.
Standard Chartered Bank also announced this week the launch of institutional custody services for Ripple's stablecoin, RLUSD, through its Dubai International Financial Centre branch.
According to Token Terminal, Ripple led stablecoin issuer growth over the last 24 hours with over $27.4 million added.