Binance has listed Ripple's USD-pegged stablecoin RLUSD (RLUSD), roughly one year after the token's initial launch. Ripple stated on social media platform X that the stablecoin currently runs on Ethereum, with support for the XRP Ledger (XRPL) planned for a later date. The company described the listing as a milestone in RLUSD's growth and a reflection of its commitment to building enterprise-ready stablecoin infrastructure.
Binance Listing Details
Trading pairs involving XRP and a US dollar-pegged stablecoin became available on launch date. The listing includes spot trading support, portfolio margin eligibility, and utility in leveraged trading strategies. Binance plans to add RLUSD to Binance Earn in the coming days, according to the announcement. Users should note that RLUSD deposits and withdrawals currently only operate on the Ethereum network.
103% Reserves Under NYDFS Supervision
Ripple disclosed that RLUSD maintains a reserve buffer exceeding 103%, held in US Treasury bills and FDIC-insured bank deposits under New York Department of Financial Services (NYDFS) supervision. The stablecoin recorded significant market capitalization growth in 2025, less than a year after launch. The over-collateralization is designed to ensure solvency even during extreme market conditions.
2026 L2 Expansion Roadmap
Ripple plans to expand RLUSD to multiple Ethereum Layer-2 networks in 2026, utilizing Wormhole's cross-chain messaging protocol and the Native Token Transfer (NTT) standard. The planned rollout includes bridges to Optimism, Base, Ink Chain, and Unichain, marking the company's entry into Ethereum's scaling ecosystem. The cross-chain approach will allow trustless RLUSD transfers between different L2s, enhancing liquidity and usability.
NGOs Testing for Humanitarian Aid
In October 2025, several major nonprofit organizations announced partnerships with Ripple to use the company's blockchain payment platform and RLUSD for humanitarian aid delivery. Participants include World Central Kitchen, Water.org, GiveDirectly, and Mercy Corps. They are testing the technology to improve funding speed and transparency for cross-border transactions without traditional banking networks. Ripple said blockchain-based payments can track funds in real-time and reduce intermediary costs.