Ripple’s RLUSD stablecoin has finally debuted on Binance — after over a year o being launched. An official announcement on the development was shared on Wednesday that highlighted that the stablecoin is being launched on Binance using the Ethereum network first.
As per the announcement, the listing has tabled the RLUSD token for spot trading, and leveraged trading strategies for Binance users.
“For Ripple, it’s a crucial step toward enabling real-world payments, on-chain liquidity, and cross-network interoperability at scale,” the XRP-maker said in a statement on January 21.
For Ripple, RLUSD’s listing on Binance gives the stablecoin deeper liquidity and more applicability for cross-border payments by Binance users, the stablecoin issuer said. The listing will get XRP blockchain support on Binance in the coming weeks.
Binance’s announcement on X said it will be introducing a rading-fee promotion for the RLUSD trading pairs with USDT and RLUSD/XRP trading pairs.
“Users can now start depositing RLUSD in preparation for trading. RLUSD Listing Fee: 0 BNB. Withdrawals for RLUSD will open at 2026-01-23 08:00 (UTC),” Binance said in its blog, announcing the listing. The zero-fee promotion period will end on January 22.
Since being launched in December 2024, RLUSD’s market cap recently crossed the market cap of $1.3 billion. Ripple also recently debuted the RLUSD on Coinbase’s L-2 blockchain called Base. Abu Dhabi and Dubai have also recognized RLUSD as an official mode of payment within the Abu Dhabi Global Market (ADGM) and the Dubai International Financial Centre (DIFC).