Binance Adds RLUSD Support on XRPL as XRP Community Day Highlights Ripple Growth

Binance Adds RLUSD Support on XRPL as XRP Community Day Highlights Ripple Growth

N
News Editor 01
2026-07-22 03:00:13
Binance has opened RLUSD deposits on the XRP Ledger, with withdrawals to follow once liquidity improves. The move, announced during XRP Community Day, is seen as a meaningful step for Ripple’s stablecoin strategy and broader ecosystem expansion.
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Binance Enables RLUSD on the XRP Ledger

Binance has confirmed its RLUSD integration on the XRP Ledger (XRPL), opening deposits with full network support. Withdrawals will be enabled once sufficient liquidity becomes available. Because Binance is one of the world’s largest crypto exchanges, the development gives Ripple USD far greater visibility and marks an important milestone for the asset’s distribution.

Ripple Senior Vice President Jack McDonald described the move as a “big deal.” The timing also drew attention, as the announcement came during XRP Community Day, when Ripple executives outlined future plans for the network. That context strengthened the market narrative that Ripple is accelerating ecosystem growth rather than pursuing a single isolated listing.

Why RLUSD Support Matters for XRPL

RLUSD is a dollar-pegged stablecoin, and that distinction matters. Stablecoins play a key role in crypto markets by helping users move capital efficiently while reducing exposure to the volatility common in non-pegged assets. With RLUSD now supported on Binance through XRPL, traders may see smoother transfers, deeper liquidity, and stronger utility across the Ripple-linked network.

The report also noted that Franklin Templeton’s Onchain U.S. Dollar Fund was recently linked with RLUSD in an effort to improve liquidity. That detail adds to the broader view that established financial firms are beginning to engage more directly with the Ripple ecosystem. In parallel, Ripple is working with Aviva Investors to explore tokenizing traditional funds on XRPL, underscoring the network’s ambitions in real-world asset tokenization.

Institutional Attention Continues to Build

Institutional interest is another part of the story. According to the source material, Goldman Sachs held roughly $152 million in XRP ETFs at the end of Q4 2025. While ETF exposure is not the same as direct spot ownership, it still points to rising institutional willingness to gain access to XRP-related products.

Ripple CEO Brad Garlinghouse has also said that XRP sits at the center of the company’s long-term vision and that the organization could eventually scale much further. Taken together, Binance’s RLUSD support, tokenization initiatives, and growing institutional participation are reinforcing the longer-term case for Ripple’s broader ecosystem strategy.

XRP Price Action Remains Technically Driven

On the market side, XRP was reported trading near $1.39, up about 2.5% over 24 hours, slightly outperforming Bitcoin on the day. Still, the article framed the move mainly as a technical rebound rather than a pure reaction to fundamentals. XRP had become oversold, with the RSI near 34, a level often interpreted as a sign that selling pressure may be easing. Buying volume also improved, and price found support near $1.36, identified as a key Fibonacci level.

Traders are now watching two major levels. If XRP holds above $1.36, the rebound could continue toward $1.54. If that support breaks, downside risk could extend toward $1.13. The report’s conclusion was cautiously constructive: Binance’s RLUSD integration is a meaningful long-term positive for Ripple’s ecosystem, but short-term price direction still depends on stronger demand and broader market sentiment. With sentiment still described as “Extreme Fear,” risk management remains essential.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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