Binance Offers XRP Rewards for RLUSD but Base Rate Declines
Binance promotes up to 7.77% XRP rewards for RLUSD, but its base rate has fallen for three consecutive weeks.
Binance promotes up to 7.77% XRP rewards for RLUSD, but its base rate has fallen for three consecutive weeks. XRP (XRP) is trading at ₹124 ($1.30), down 0.8% since this brief published. This is an original Token Times brief based on reporting by Bitcoin.com, with live market data added, as of Sat, 17 Oct 2026 10:30:01 UTC.
This development highlights the evolving strategies of crypto exchanges to attract stablecoin liquidity through token incentives while navigating fluctuating reward rates.
- Binance offers up to 7.77% in XRP rewards for holding RLUSD stablecoin.
- Base rate for the promotion has decreased for three weeks straight.
- RLUSD has a $2.43B circulating supply and $2.97B in total value locked.
Binance has launched a new 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, the base rate for the promotion has been decreasing. According to the reward table published by Binance, the base rate has fallen for three weeks in a row.
The RLUSD stablecoin has a circulating supply of $2.43 billion and a total value locked of $2.97 billion, according to DeFiLlama. This suggests that the stablecoin has a significant presence in the market, making it an attractive target for Binance's incentive program.
The broader crypto market remains relatively stable, with a total market cap of $2.81 trillion. 
Bitcoin is down 0.65% in the last 24 hours, while XRP, the token used for the rewards, has seen a 2.61% drop in the same period.
The declining base rate for the promotion may indicate Binance's attempt to manage costs while still attracting liquidity. Investors and users will likely monitor the rate changes to assess the long-term benefits of participating in the program.
Since this brief published about 2 hours ago, XRP (XRP) has moved from ₹124.60$1.31 to ₹123.65$1.30 — -0.76%.
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 Token Times'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 ≈ ₹135.2 (about $1.30), down 2.2% over 24 hours. The rupee itself trades about 9.3% above the official rate on the P2P market, so a Indian 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.
Token Times 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 holding RLUSD on Binance?
Binance offers up to 7.77% in XRP rewards for holding RLUSD, but the base rate has been decreasing.
How much XRP is Binance offering in total rewards?
Binance's reward pool for the RLUSD promotion is $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 rupee today?
About ₹135.2 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.30. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Has XRP's price moved since this brief was published?
XRP is down 0.76% since this brief first published — trading at ₹124 ($1.30) now versus ₹125 ($1.31) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times 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 Token Times 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.