Bybit, a cryptocurrency exchange, has launched RLUSD Hold & Earn, a limited-time rewards campaign centered on the Ripple USD (RLUSD) stablecoin.
The promotion will run through August 19, 2026, allowing eligible users to earn rewards by holding, trading, or participating in campaign activities involving RLUSD.
According to the company, RLUSD’s market capitalization has grown to more than $1.5 billion in 2026, alongside broader adoption by exchanges, banks, and other financial institutions.
Under the RLUSD Hold & Earn campaign, eligible users can receive daily rewards on RLUSD held in their Bybit accounts without staking or lock-up requirements.
Users can participate with a minimum balance of 1 RLUSD.
According to Bybit, account balances are snapshotted 24 times a day, with rewards calculated based on eligible daily holdings of up to 5 million RLUSD per user.
The campaign also includes a loyalty multiplier that increases rewards for users who continue holding RLUSD over time.
Bybit said the rewards are promotional incentives and should not be considered interest, yield, or investment returns on the RLUSD stablecoin.
Bybit has also reduced trading fees for the RLUSD/USDT spot pair during the promotional period.
According to the company, maker fees have been lowered from 0.10% to 0%, while taker fees have been reduced from 0.10% to 0.04%.
The campaign also includes an RLUSD Trading Competition with a prize pool of 50,000 RLUSD for eligible users based on their RLUSD spot trading activity.
Institutional clients can participate in the Hold & Earn campaign but are not eligible for the trading competition.
RLUSD is a US dollar-backed stablecoin issued by Ripple and available on the XRP Ledger, Ethereum, and other blockchains.
The company said the stablecoin is backed by segregated reserves of cash and cash equivalents and can be redeemed one-to-one for US dollars.
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