Binance Boosts Leverage for XRP and Ripple USD to 10x
Binance, the world's largest cryptocurrency exchange, has made significant changes to its Portfolio Margin platform parameters. The most notable change is the doubling of maximum leverage available for XRP and Ripple USD (RLUSD) from 5x to 10x.
The update will take effect on Friday, August 21, at 6:00 a.m. UTC, with technical work expected to last approximately 30 minutes.
This increase in leverage puts XRP and RLUSD on an equal footing with major market heavyweights like BNB, SOL, ADA, and DOGE, moving Ripple's products into Binance's highest liquidity category.
From a trading strategy perspective, the introduction of 10x leverage for RLUSD will allow institutional and retail traders to use the new regulated stablecoin as a highly efficient collateral asset for scaling up positions in XRP itself.