Binance Launches 600,000 XRP Airdrop for RLUSD Holders

1 hour ago 2 sources neutral

Key takeaways:

  • Binance's 600,000 XRP incentive may artificially boost short-term RLUSD liquidity and XRP utility demand.
  • Multipliers encourage RLUSD balance growth, but mercenary capital may exit after the campaign ends.
  • Watch RLUSD supply and XRP price volatility as reward-driven demand could fade post-November.

Binance, the world's largest cryptocurrency exchange, has announced a new XRP airdrop campaign targeting holders of Ripple's dollar-pegged stablecoin, RLUSD. The exchange will distribute a total prize pool of 600,000 XRP to eligible users.

The campaign will run from October 23, 2026 at 00:00 UTC to November 20, 2026 at 00:00 UTC. Rewards will be distributed on a weekly basis, with the first payout scheduled for October 30, followed by November 6, 13, and 20. XRP rewards will be credited to eligible users' Spot accounts within their main Binance accounts.

To qualify, users must hold at least 0.01 RLUSD in their Spot, Funding, Earn, or Margin accounts. For Earn accounts, only RLUSD balances deposited into Flexible Savings products are considered. Users must also complete identity verification and meet all campaign participation requirements; regional and active account restrictions may apply.

Binance also introduced reward multipliers: users who increase their RLUSD balance compared to the previous two weeks receive a 1.2x reward multiplier, while those who subscribe to the RLUSD Flexible Savings product receive a 1.1x multiplier. If both conditions are met, the applicable balance can earn a combined 1.3x multiplier. There is no individual cap on rewards, but the program will end once the 600,000 XRP pool is exhausted.

Previously on the topic:
Oct 17, 2026, 5:40 p.m.
Binance Launches $800,000 XRP Airdrop for RLUSD Holders
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