Bybit's RLUSD Hold & Earn Surpasses $50 Million, Adds XRP Rewards
Bybit's RLUSD Hold & Earn program has surpassed $50 million in value. The platform announced that it is adding XRP rewards in Phase 2 of the program, which aims to incentivize users to hold and earn interest on their USDC holdings. Bybit's RLUSD Hold & Earn program allows users to earn up to 15% APY on their USDC holdings.
The addition of XRP rewards is a significant development for the program, as it adds another popular cryptocurrency to the mix. The move is seen as a way to further incentivize users to participate in the program and hold onto their USDC holdings.