Binance has introduced an $800,000 XRP airdrop campaign for holders of Ripple's stablecoin RLUSD, offering weekly XRP rewards until August 14. To qualify, users must hold at least 0.01 RLUSD and meet a daily average trading volume of $500 in Margin or Futures accounts. This campaign aims to boost RLUSD activity amid its recent market cap decline and follows Ripple's expansion of RLUSD use in AI-driven payments through the x402 Foundation partnership. Binance's promotion excludes certain jurisdictions and applies specific rules for borrowed RLUSD assets.
XRP's price remains stable above $1.50, rising 1% with a 33.7% increase in 24-hour trading volume to $1.51 billion. Ripple released 1 billion XRP tokens from escrow on October 1, worth about $1.49 billion, as part of its regular schedule. Ripple also...
Ripple is strengthening its presence in Turkey, now ranked fifth globally in crypto adoption, by fully deploying its custody services with Garanti BBVA Kripto and launching its RLUSD stablecoin on local platforms BiLira, Bitlo, and Bitexen. Turkey's ...
On October 5, US spot ETFs for Bitcoin and Solana experienced net outflows, while Ethereum ETFs saw net inflows, a reversal of the weekly trend where Bitcoin led inflows and Ethereum faced outflows. Over the week, Bitcoin ETFs gained $241.09 million,...
Ripple is promoting Türkiye as a significant growth market in crypto, citing nearly $200 billion in annual crypto transaction value under the country's regulatory framework. Ripple's dollar-backed stablecoin, RLUSD, became available to institutions i...
Ripple is expanding its presence in Turkey's nearly $200 billion annual crypto market by partnering with Garanti BBVA and local exchanges to offer regulated custody services and dollar-backed stablecoins like RLUSD. This move addresses demand for sec...
