Binance Launches Extended Rewards Program with 1 Million XRP for RLUSD Holders

Binance Extends XRP Rewards for RLUSD Holders

Binance has announced the extension of its rewards promotion related to Ripple USD (RLUSD), launching a new campaign that will run for four weeks and offer a total of one million XRP to eligible investors. This campaign commenced on August 14, 2026, and will conclude on September 11, 2026.

Eligibility and Requirements

To participate in this rewards program, users need to maintain at least 0.01 RLUSD and must have a daily average trading volume of at least $500 in derivatives. The XRP will be distributed in weekly installments, with the first payout scheduled for August 21, followed by subsequent distributions on August 28, September 4, and September 11.

Reward Structure

The one million XRP will be distributed based on each user’s qualifying RLUSD balance and an effective annualized percentage rate (APR), which will be determined each week. Previous data from Binance indicates that the APR fluctuated during the last campaign, starting at 22.25% and subsequently decreasing to 7.69%.

Special Conditions for Borrowed RLUSD

Users borrowing stablecoins to generate RLUSD will face a 60% haircut on qualifying margin balances when calculating eligibility for rewards. Moreover, amounts recorded as a borrowing liability are not included in the effective balance used for rewards.

Geographic Restrictions

It is important to note that this promotional campaign is not available to users in certain jurisdictions. Specifically, users from the U.S., U.K., Canada, Japan, and multiple European Economic Area countries are excluded from participation. Binance has stipulated that users must also complete the KYC verification process in an eligible jurisdiction.

Future Developments

The first distribution of XRP under the new campaign is drawing near. On August 21, Binance will announce the effective APR and the XRP valuation used for that period. Participants should remain aware that the total pool of one million XRP does not equate to a fixed or guaranteed amount for each participant, as rewards will be dependent on individual qualifying balances.

With strong interest in Ripple’s initiatives, the extended campaign reinforces Binance’s commitment to engaging users through its innovative RLUSD offerings.