Bybit Launches Phase 4 of RLUSD Hold & Earn with 1.3M XRP Rewards
Bybit's latest RLUSD incentive program offers 1.3 million XRP rewards with zero fees amid a recovering crypto market.
Bybit's latest RLUSD incentive program offers 1.3 million XRP rewards with zero fees amid a recovering crypto market. XRP (XRP) is trading at $1.37, down 0.7% since this brief published. This is an original TLT brief based on reporting by Bitcoin World, with live market data added, as of Wed, 21 Oct 2026 23:00:04 UTC.
This initiative aims to boost RLUSD adoption and liquidity by incentivizing users with substantial XRP rewards while waiving fees, potentially impacting XRP's market dynamics and Bybit's platform engagement.
- Bybit's RLUSD Hold & Earn Phase 4 offers 1.3 million XRP in rewards.
- The program features zero fees to attract more participants.
- XRP price is up 3.49% in the last 24 hours amid broader market gains.
- Binance Offers XRP Rewards for RLUSD but Base Rate Declines for Third Week
- Bybit Launches Phase 4 of RLUSD Hold & Earn with 1.3M XRP Rewards — this brief
- Ripple Launches 24/7 Stock Trading Platform with RLUSD Collateral Support
Bybit, a leading cryptocurrency platform with over 80 million users, has announced the fourth phase of its RLUSD Hold & Earn program, offering 1.3 million 
XRP in rewards. This initiative aims to incentivize users to hold RLUSD, Ripple's stablecoin, by providing them with XRP rewards.
The program features zero fees, making it more attractive for users to participate. This move comes as the total value locked (TVL) in the program stands at $118.84 million, marking a 3.9% increase over the past week, according to DeFiLlama.
The RLUSD circulating supply is currently $2.35 billion, indicating a significant market presence for the stablecoin. The program's timing coincides with a positive trend in the broader crypto market, with the total market cap at $2.9 trillion and 
Bitcoin up 2.09% in the last 24 hours.
XRP, the cryptocurrency being offered as a reward, has seen a 3.49% increase in its price over the past day, reaching $1.38. This rise is part of a 4.41% gain over the past week, contributing to a market cap of $87.09 billion. The Fear & Greed index currently stands at 63, indicating a 'Greed' sentiment in the market.
This development is significant as it reflects Bybit's strategy to enhance user engagement and liquidity in its platform through attractive incentive programs. The zero-fee structure and substantial XRP rewards could potentially attract more users to participate, further boosting RLUSD's adoption and XRP's market performance.
Since this brief published about 31 hours ago, XRP (XRP) has moved from $1.38 to $1.37 — -0.72%.
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 ≈ ₦1,868.24 (about $1.37), up 2.7% over 24 hours. The naira itself trades about 2.3% 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 21, 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.
Bybit Launches Phase 4 of RLUSD Hold & Earn with 1.3M XR — questions & answers
What is the total value locked in Bybit's RLUSD program?
The TVL in Bybit's RLUSD program is $118.84 million, up 3.9% in the last 7 days.
How much XRP is being offered as rewards in the program?
Bybit is offering 1.3 million XRP in rewards for the fourth phase of its RLUSD Hold & Earn program.
What is the current market cap of RLUSD?
The RLUSD market cap is $2.35 billion, with a circulating supply of the same amount.
How much is 1 XRP worth in naira today?
About ₦1,868.24 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.37. 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.
Has XRP's price moved since this brief was published?
XRP is down 0.72% since this brief first published — trading at $1.37 now versus $1.38 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin World. 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.