Binance to List Ripple’s RLUSD Stablecoin as Ethereum Trading Launches

What to Know

• Binance will list Ripple’s dollar-backed stablecoin RLUSD for spot trading on January 22 with Ethereum support.
• Integration with the XRP Ledger is expected soon, expanding RLUSD’s use in payments and settlement.
• The listing boosts RLUSD’s liquidity and visibility as competition intensifies in the regulated stablecoin market.

Binance Confirms RLUSD Spot Trading Launch

Binance will add Ripple’s U.S. dollar-backed stablecoin, RLUSD, to its spot trading platform on Thursday, January 22, at 08:00 UTC, marking the token’s highest-profile exchange listing to date. The initial rollout will support Ethereum-based RLUSD, with XRP Ledger integration planned for a later phase.

According to Binance, available trading pairs will include RLUSD/USDT and XRP/RLUSD, allowing traders to directly access the stablecoin alongside Ripple’s native token.

Read more: What Are Stablecoins?

Ethereum First, XRP Ledger Next

The decision to launch RLUSD on Ethereum first enables the stablecoin to tap into existing decentralized finance (DeFi) infrastructure and broader on-chain liquidity. Ethereum support allows RLUSD to be used across lending platforms, decentralized exchanges, and settlement applications already built on the network.

Ripple has confirmed that XRP Ledger support is forthcoming, which would position RLUSD as a low-cost settlement asset for payments, remittances, and enterprise-grade financial flows.

RLUSD Backing and Transparency Framework

Ripple stated that RLUSD is fully backed 1:1 by U.S. dollar deposits, short-term U.S. Treasuries, and cash equivalents. The company plans to publish monthly reserve attestations to enhance transparency as regulatory scrutiny around stablecoins intensifies globally.

As of January, RLUSD has grown to more than $1.3 billion in market capitalization, placing it among the top dollar-backed stablecoins, though it remains significantly smaller than market leaders such as Tether (USDT) and Circle’s USDC.

Binance Listing Expands Use Cases

Beyond spot trading, Binance said RLUSD will be eligible for portfolio margin and is expected to be added to Binance Earn, expanding the token’s utility beyond basic trading and settlement.

Access to Binance’s global user base is expected to materially increase RLUSD’s liquidity and adoption, particularly among institutional traders and payment-focused platforms seeking regulated stablecoin alternatives.

Stablecoin Competition Intensifies

The listing comes as competition in the stablecoin sector accelerates amid tighter regulatory oversight in the U.S., Europe, and Asia. Institutions are increasingly prioritizing compliance, transparency, and reserve quality when selecting stablecoin partners.

Ripple has positioned RLUSD as an enterprise-focused stablecoin, aiming to compete in regulated payment corridors rather than purely speculative trading environments.

Market Impact and Outlook

While RLUSD remains small relative to dominant stablecoins, securing a Binance listing early in its lifecycle provides immediate scale, credibility, and distribution that few new stablecoins achieve. The upcoming XRP Ledger integration could further differentiate RLUSD in cross-border payments and on-chain settlement use cases.

Frequently Asked Questions (Q&A)

What is RLUSD?

RLUSD is a dollar-backed stablecoin issued by Ripple, fully backed 1:1 by U.S. dollar deposits, short-term U.S. Treasuries, and cash equivalents, with monthly reserve attestations.

When will RLUSD start trading on Binance?

Binance will begin spot trading for RLUSD on January 22 at 08:00 UTC, initially with support for the Ethereum network.

Which trading pairs will be available for RLUSD on Binance?

Binance will list RLUSD/USDT and XRP/RLUSD, allowing traders to access the stablecoin directly against both USDT and XRP.

Will RLUSD be supported on the XRP Ledger?

Yes. Ripple and Binance have indicated that XRP Ledger support is coming, though an exact launch date has not yet been confirmed.

Why is the Binance listing important for RLUSD?

The listing significantly boosts RLUSD’s liquidity, visibility, and global reach, positioning it as a regulated, enterprise-focused alternative to dominant stablecoins like USDT and USDC.

How big is RLUSD compared to other stablecoins?

RLUSD has grown to over $1.3 billion in market value, making it relatively small compared to USDT’s roughly $96 billion market cap, but notable for a newer stablecoin with institutional backing.