Binance Boosts RLUSD Rewards with Up to 22.25% APR
Binance has updated its product line to provide significant APRs for holders and traders of Ripple's stablecoin, RLUSD.
The world's largest cryptocurrency exchange first listed RLUSD at the start of this year with a popular zero-trading-fee promotion. Some trading pairs were initially available against XRP, and later support was added for Ripple's XRP Ledger.
In the latest update, Binance revealed that users holding and trading RLUSD can earn weekly XRP rewards through its Margin/Earn program, which offers a variable APR of up to 22.25% in the last 7 days.