In a move that can only be described as a financial burlesque, Binance has fully embraced the Ripple USD (RLUSD) on the XRP Ledger, thereby unlocking a cornucopia of deposits and extending its reach across the Earn, Convert, Margin, and VIP Loan products. This, we are assured, deepens the stablecoin’s utility and propels RLUSD into the dizzying heights of global crypto markets-a spectacle as inevitable as it is absurd.
Binance Extends RLUSD Across the XRP Network, Withdrawals Held Hostage by Liquidity Woes
The cryptocurrency bazaar, Binance, has deigned to expand its support for Ripple USD (RLUSD) across its platform. On the auspicious date of February 12th, it proclaimed the completion of Ripple’s stablecoin integration on the XRP Ledger, opening the floodgates for deposits while teasing additional trading features-a veritable feast of financial innovation.
Ripple, ever the social butterfly, chirped on platform X:
“RLUSD has launched on Binance with full XRPL support.”
Binance, in its latest communiqué, declared with characteristic gravitas: “Binance has completed the integration of Ripple USD (RLUSD) on the XRP Ledger. Deposits are now open. Withdrawals, however, shall remain in purgatory until sufficient liquidity graces us with its presence.” A masterpiece of financial procrastination, if ever there was one.
In earlier announcements, Binance had already unveiled RLUSD spot trading on Ethereum, a zero-fee promotion for RLUSD/USDT and RLUSD/U, and expanded the token’s availability across its yield products, conversion tools, lending features, and trading services. On January 22nd, it proclaimed with unbridled enthusiasm: “Binance is delighted to announce that Ripple USD (RLUSD) shall grace Binance Simple Earn, ‘Buy Crypto’, Binance Convert, Binance Margin, and VIP Loan at the appointed dates and timings.” A veritable orgy of financial inclusion, one might say.
Ripple USD, a U.S. dollar-denominated stablecoin issued by the august Standard Custody & Trust Company, LLC, a wholly owned subsidiary of Ripple Labs, is backed by at least an equivalent amount of U.S. dollars and cash equivalents. Designed to facilitate cross-border payments and institutional settlement, it is the financial equivalent of a Swiss Army knife-versatile, if somewhat superfluous. Binance, ever the prudent steward, urged users to employ risk management strategies, lest they be swept away by the volatility of newly listed tokens. Traders were directed to review updated margin data for collateral ratios, borrowing limits, and applicable rates as RLUSD liquidity develops on the XRP network-a task as thrilling as it is necessary.
FAQ ⏰
- What is Ripple USD (RLUSD) on Binance?
Ripple USD is a U.S. dollar-denominated stablecoin issued by Standard Custody & Trust Company, now fully integrated on Binance across multiple products-a financial marvel for the discerning trader. - Is RLUSD live on the XRP Ledger network?
Indeed, Binance has completed RLUSD integration on the XRP Ledger, opening deposits while holding withdrawals ransom until liquidity deigns to appear. - Which Binance services now support RLUSD?
RLUSD is available on Binance Simple Earn, Buy Crypto, Convert, Margin, and VIP Loan-a veritable smorgasbord of financial options. - What trading pairs are available for RLUSD?
Binance has introduced spot pairs including RLUSD/USDT, RLUSD/U, and XRP/RLUSD, with select zero-fee promotions to entice the financially intrepid.
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2026-02-15 07:47