The promotion combines daily RLUSD rewards, zero maker fees on RLUSDUSDT spot trading, and a 50,000 RLUSD trading competition prize pool as exchanges compete for stablecoin liquidity.
Bybit said it has launched RLUSD Hold & Earn, a limited-time promotion running until August 19, 2026, centered on the Ripple USD stablecoin. Eligible users can earn daily rewards on RLUSD balances held in their Bybit accounts without staking or a lock-up period, while traders get zero maker fees and reduced taker fees on the RLUSDUSDT spot pair, along with access to a 50,000 RLUSD trading competition prize pool. The exchange said eligible balances start at 1 RLUSD, are snapshotted 24 times a day, and are capped at 5,000,000 RLUSD per user for reward calculations, with a loyalty multiplier tied to continuous holding duration. Bybit said the payouts are commercial incentives rather than interest, yield, or investment returns. The campaign underscores how centralized exchanges are using fee cuts and rewards programs to attract stablecoin deposits and trading flow, particularly for newer assets such as RLUSD, which Bybit said has surpassed $1.5 billion in market capitalization in 2026 amid broader institutional adoption and integrations with exchanges, major banks, and financial institutions.