Binance Offers XRP Rewards for RLUSD but Base Rate Declines for Third Week
Binance promotes up to 7.77% XRP rewards for RLUSD holdings, but the base rate has fallen for three consecutive weeks.
Binance promotes up to 7.77% XRP rewards for RLUSD holdings, but the base rate has fallen for three consecutive weeks. XRP (XRP) is trading at $1.31. This is an original TLT brief based on reporting by Bitcoin.com, with live market data added, as of Sat, 17 Oct 2026 10:00:06 UTC.
This development highlights the evolving strategies of exchanges to attract stablecoin liquidity through token incentives while managing payout sustainability. The declining base rate could impact user incentives and the broader stablecoin ecosystem.
- Binance offers up to 7.77% in XRP rewards for holding RLUSD stablecoin.
- Base rate for rewards has decreased for three consecutive weeks.
- RLUSD has a $2.43B circulating supply and $2.97B in total value locked.
Binance has launched a promotional campaign offering up to 7.77% in 
XRP rewards for users who hold Ripple's RLUSD stablecoin. The campaign, promoted on X, includes a total reward pool of $800,000 worth of XRP.
Despite the attractive headline rate, Binance's payout table shows that the base rate for the rewards has been decreasing for three consecutive weeks. This trend suggests potential challenges in sustaining high reward rates over time.
The RLUSD stablecoin has a circulating supply of $2.43 billion and a total value locked (TVL) of $2.97 billion, according to DeFiLlama. This places it among the larger stablecoins in the market, though it is still significantly smaller than market leaders like Tether and USD Coin.
The declining base rate could impact user incentives and the overall attractiveness of RLUSD. As Binance adjusts its reward structure, it will be important to monitor how this affects the stablecoin's adoption and market position.
In the broader market context, the total crypto market cap stands at $2.81 trillion, with 
Bitcoin experiencing a slight 0.65% decline over the past 24 hours. XRP, the reward token for the campaign, is currently priced at $1.31, down 2.61% in the last day.
Since this brief published about 2 hours ago, XRP (XRP) has moved from $1.31 to $1.31 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,787.32 (about $1.31), down 2.4% over 24 hours. The naira itself trades about 2.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 17, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Binance Offers XRP Rewards for RLUSD but Base Rate Declines — questions & answers
What is the current reward rate for RLUSD on Binance?
Binance offers up to 7.77% in XRP rewards for holding RLUSD, but the base rate has decreased for three weeks.
How much XRP is allocated for the RLUSD rewards campaign?
The campaign includes a total reward pool of $800,000 worth of XRP.
What is the circulating supply of RLUSD?
RLUSD has a circulating supply of $2.43 billion.
How much is 1 XRP worth in naira today?
About ₦1,787.32 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.31. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.