Binance Extends RLUSD Campaign with 1 Million XRP Reward Pool

Binance has extended its campaign for RLUSD stablecoin by four weeks, offering a pool of 1 million XRP to eligible participants. The rewards will be distributed every Friday across four installments through September 11.

To qualify for the new rewards, users must maintain at least 0.01 RLUSD in an eligible Earn or Margin account and record at least $500 in average daily trading volume across Margin or Futures markets.

Binance calculates rewards using each user's qualifying RLUSD balance and an effective annualized percentage rate determined for each weekly period. The lowest RLUSD balance observed during hourly snapshots becomes the qualifying balance for that day.

The campaign excludes users in the U.S., UK, Canada, Japan, and many EEA jurisdictions, and also applies a 60% haircut to the leveraged portion of RLUSD created by borrowing other stablecoins.