Binance has confirmed a spot listing for Ripple’s dollar-backed stablecoin RLUSD, opening trading pairs including RLUSD/USDT and XRP/RLUSD. Trading is set to begin at 8:00 a.m. UTC. Deposits are already open on Ethereum, while withdrawals will start on January 23. Ripple CEO Brad Garlinghouse described the development as “eXtRemely Positive.”
Ethereum comes first, with XRPL support still on the way
The listing starts with Ethereum network support. Integration with XRPL, or the XRP Ledger, has not gone live yet, but Binance said it is coming soon. RLUSD was built as a multi-chain stablecoin, already available on Ethereum and scheduled to expand to XRPL. The distinction matters: Ethereum gives the asset access to smart contracts and DeFi tools, while XRPL is known for faster transfers and lower fees.
For RLUSD, access to Binance puts the stablecoin in front of a much larger trading base and deeper liquidity. The source article also says Binance will offer zero trading fees on selected pairs. That could lift activity quickly. It also gives RLUSD a stronger position as both a trading instrument and a place to park capital inside the exchange.
Market cap has passed $1.3 billion
RLUSD launched in December 2024 and is backed 1:1 by U.S. dollars, short-term U.S. Treasuries, and cash equivalents. According to the material provided, its market capitalization has now moved above $1.3 billion. For a relatively new stablecoin, that figure points to fast uptake after launch.
Binance’s plans for RLUSD extend beyond spot trading. The exchange is expected to add the stablecoin to Portfolio Margin, Binance Earn, and other financial products. That broadens its use inside the platform. Users would be able to hold it for yield strategies or use it in portfolio management, instead of treating it only as a settlement asset.
Ripple pushes stablecoin adoption, but XRP still faces chart pressure
The source says Ripple has been actively promoting stablecoin adoption on the global stage and took part in digital finance discussions at the 2026 World Economic Forum in Davos. Its position is clear in the article: regulated stablecoins can improve cross-border payments and add speed and transparency to banking systems.
Still, the Binance listing has not removed pressure from XRP in the short term. The article places XRP near $1.90, down about 0.78% over 24 hours, even as volume rises. On the 1-hour chart, RSI stands at 45, pointing to neutral momentum, while MACD remains weak. On the 24-hour chart, RSI is close to 40, near oversold territory, and MACD stays negative, though selling pressure appears to be easing.
Based on the levels cited in the source, buyers need to push XRP back to $1.95. A break above that level opens the path toward $2.00. If the token loses $1.88, the next downside area mentioned is $1.81. The listing strengthens Ripple’s broader ecosystem reach, but XRP’s near-term direction still depends on whether it can reclaim that $1.95 threshold.