Binance Integrates Ripple's RLUSD on XRP Ledger

Binance has completed the integration of Ripple USD (RLUSD) on the XRP Ledger, opening deposits for the stablecoin directly through the network. Ripple executive Reece Merrick confirmed the news on February 12, noting that the move gives RLUSD a second supported network on the world's largest crypto exchange.

Withdrawals will follow once sufficient on-chain liquidity has been established, according to Binance.

What Does the Integration Include?

The XRP Ledger integration builds on Binance's earlier listing of RLUSD on Ethereum roughly two weeks ago. That initial listing introduced trading pairs including RLUSD/USDT, RLUSD/USD, and XRP/RLUSD.

With XRPL now supported as a second network, users can generate deposit addresses and transfer RLUSD on a chain known for near-instant settlement and transaction fees in fractions of a cent. That's a clear step up over the Ethereum option for users who prioritize speed and cost.

Binance has also introduced zero trading fees on selected RLUSD pairs to encourage early liquidity. It's also available through Binance's Simple Earn program, which offers flexible yields with no fixed lock-up period.

What Is RLUSD?

RLUSD is a U.S. dollar-pegged stablecoin issued by Ripple Labs. It launched in December 2024 and was designed for cross-border payments and liquidity within Ripple's ecosystem. The stablecoin operates on both the XRP Ledger and Ethereum.

It is backed 1:1 by U.S. dollar deposits, Treasury bills, and other liquid assets held under a trust charter regulated by the New York Department of Financial Services (NYDFS). Recent data shows reserves exceed 103% of total supply.

In about 14 months, RLUSD has grown to a market capitalization of roughly $1.52 billion and is now listed on more than 16 exchanges worldwide. That puts it in direct competition with Tether's USDT and Circle's USDC, which together have a combined market cap of over $250 billion.

Ripple also plans to expand RLUSD to several Ethereum Layer-2 networks using Wormhole's Native Token Transfers standard, enabling the stablecoin to move between chains natively rather than via wrapped versions.

Why Does This Matter?

Listing RLUSD on Binance via the XRP Ledger provides deep liquidity for Ripple's regulated stablecoin while leveraging XRPL's low-cost, high-speed infrastructure. The timing lines up with growing institutional momentum around Ripple.

Goldman Sachs reportedly held around $152 million in XRP exchange-traded funds by the end of Q4 2025. Ripple closed a $500 million funding round in November that included Citadel Securities and Fortress Investment Group, pushing its valuation to approximately $40 billion.

On the acquisition side, Ripple picked up prime brokerage Hidden Road for $1.25 billion and treasury management firm GTreasury for $1 billion last year. The company also invested $200 million in stablecoin firm Rail.

With global regulatory scrutiny of stablecoins increasing, RLUSD's NYDFS oversight, transparent reserves, and expanding multi-chain presence position it as a serious option in a market still heavily dominated by two players.

Sources:

• Binance Official announcement confirming RLUSD integration on XRP Ledger
• Cryptopolitan Reporting on Binance RLUSD integration details and Ripple's L2 expansion plans
• Crypto Economy Coverage of RLUSD reserve backing data and exchange availability
• The Crypto Basic Reporting on Ripple executive reactions and earlier Binance listing context