Binance announced it will list Ripple USD (RLUSD) on January 22 at 08:00 UTC, introducing zero trading fees for RLUSD/USDT and RLUSD/U pairs to celebrate the stablecoin's debut on the world's largest cryptocurrency exchange by trading volume.
The listing marks a significant distribution milestone for Ripple's dollar-pegged token, which launched in December 2024 and has since accumulated a $1.34 billion market capitalization across 16 exchanges.
Trading will open for three spot pairs: RLUSD/USDT, RLUSD/U, and XRP/RLUSD, with deposits beginning immediately and withdrawals commencing January 23.
What Happened
Binance's listing addresses a notable gap in RLUSD's exchange coverage, as the stablecoin had secured placements on Bullish, Kraken, Bitstamp, and Gemini but remained absent from both Binance and Coinbase - the two largest U.S.-facing platforms.
The zero-fee promotion applies during an unspecified promotional period, positioning RLUSD competitively against Tether's $140 billion USDT and Circle's USDC, which dominate approximately 90% of the stablecoin market.
RLUSD operates on both the XRP Ledger and Ethereum, backed 1:1 by U.S. dollar deposits, government bonds, and cash equivalents under a New York Department of Financial Services trust charter.
Standard Custody & Trust Company, a Ripple subsidiary, selected Bank of New York Mellon as primary custodian for RLUSD reserves in July 2025.
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Why It Matters
The Binance listing provides RLUSD access to the exchange's substantial liquidity pools and global user base, potentially accelerating adoption for Ripple's cross-border payment infrastructure.
BlackRock integrated RLUSD as collateral for its tokenized treasury fund (BUIDL) in January 2026, validating the stablecoin's utility for institutional settlement workflows.
Dubai's Financial Services Authority approved RLUSD under revised crypto regulations in January, alongside USDC and EURC, expanding the token's footprint in Middle Eastern financial hubs.
Ripple currently maintains over 60 global licenses and is pursuing an Office of the Comptroller of the Currency banking charter that would provide federal oversight alongside state regulation - a dual structure no existing stablecoin currently holds.
The stablecoin competes in a market where USDT controls $140 billion in circulation and USDC maintains $40 billion, with newer entrants including PayPal's PYUSD at $500 million facing steep adoption barriers despite established issuer credentials.
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