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 and zero fees to participants.
Bybit's latest RLUSD incentive program offers 1.3 million XRP rewards and zero fees to participants. XRP (XRP) is trading at ₹130 ($1.37), down 0.7% since this brief published. This is an original Token Times brief based on reporting by Bitcoin World, with live market data added, as of Wed, 21 Oct 2026 23:00:01 UTC.
This development highlights the growing trend of crypto platforms using token rewards to attract liquidity and users, while also demonstrating Ripple's continued strategic partnerships in the DeFi space.
- Bybit's RLUSD Hold & Earn Phase 4 offers 1.3M XRP in rewards.
- Program features zero fees for participants.
- XRP price up 3.49% in 24 hours amid broader market gains.
- RLUSD market cap stands at $2.35B with $118.84M TVL.
- Binance Offers XRP Rewards for RLUSD but Base Rate Declines
- Bybit Launches Phase 4 of RLUSD Hold & Earn with 1.3M XRP Rewards — this brief
Bybit has announced the fourth phase of its RLUSD Hold & Earn program, offering participants the opportunity to earn rewards in 
XRP. The initiative provides 1.3 million XRP tokens as incentives and operates with zero fees, aiming to attract users to the platform.
The RLUSD (
Ripple USD) stablecoin, which has a circulating supply of $2.35 billion according to DeFiLlama, is central to this program. The Total Value Locked (TVL) in the phase stands at $118.84 million, marking a 3.9% increase over the past week.
This move by Bybit comes as the broader cryptocurrency market shows signs of recovery. The total crypto market cap is currently $2.9 trillion, with 
Bitcoin up 2.09% in the last 24 hours. The Fear & Greed Index stands at 63, indicating a 'Greed' sentiment among investors.
XRP, the cryptocurrency used for rewards in this program, is currently priced at $1.38, having gained 3.49% in the past 24 hours and 4.41% over the last week. This brings its market cap to $87.09 billion. The Ripple USD stablecoin, RLUSD, remains stable at $1 with minimal price fluctuation.
The program reflects a strategic approach by Bybit to enhance user engagement and liquidity. It also underscores Ripple's ongoing efforts to expand its presence in the decentralized finance (DeFi) ecosystem through partnerships and incentive programs.
Since this brief published about 31 hours ago, XRP (XRP) has moved from ₹131.09$1.38 to ₹130.14$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 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 ≈ ₹142.27 (about $1.37), up 2.7% 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 21, 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.
Bybit Launches Phase 4 of RLUSD Hold & Earn with 1.3M XR — questions & answers
What is the total value of XRP rewards in Bybit's program?
The program offers 1.3 million XRP tokens as rewards.
How much is the RLUSD stablecoin's market cap?
The RLUSD stablecoin has a market cap of $2.35 billion.
What is the current XRP price and its 24-hour change?
XRP is priced at $1.38 with a 24-hour increase of 3.49%.
How much is 1 XRP worth in rupee today?
About ₹142.27 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.37. 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 0.72% since this brief first published — trading at ₹130 ($1.37) now versus ₹131 ($1.38) 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 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 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.