RLUSD Rewards on OKX: Grow Your Stablecoin Balance the Simple Way

Published on Jul 20, 20264 min read
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Main Takeaways

  • RLUSD, also known as Ripple USD, is a USD-pegged stablecoin issued by Standard Custody & Trust Company, a Ripple subsidiary regulated as a limited-purpose trust company by the New York State Department of Financial Services (NYDFS). Backed 1:1 by cash, cash equivalents, and short-term US Treasury bills, RLUSD is issued on the XRP Ledger and Ethereum.

  • Hold RLUSD to earn stablecoin rewards. Earn 4.1% APY (VIP) or 3.5% APY (regular users) on RLUSD balances, paid out weekly — no subscription, no redemption, no staking, no lockups, no hassle. No holding cap for gaining rewards.

  • Limited-time launch boost: from 21 Jul to 20 Aug 2026, the first 2,000 RLUSD holdings earns a boosted APY rate of 10%.

  • RLUSD can further be used on OKX as yield-bearing collateral in flexible loan and futures trading. Use it as collateral and continue earning at the same time.

What is RLUSD?

RLUSD is a single-currency stablecoin pegged to the US dollar. It is issued by Standard Custody & Trust Company, a Ripple subsidiary operating under a limited-purpose trust company charter supervised by the New York State Department of Financial Services (NYDFS). Reserves are held in a segregated account of cash, cash equivalents, and short-term US Treasury bills, with BNY Mellon acting as primary reserve custodian and Deloitte publishing monthly attestation reports. RLUSD has also received regulatory recognition in additional jurisdictions, including Dubai (DFSA) and Abu Dhabi Global Market (ADGM).

OKX VIP users will enjoy higher APY. Enjoy up to 4.1% APY for unlimited holdings!

Starting date: 21 July 2026

Limited offer (21 Jul – 20 Aug 2026): the first 2,000 RLUSD earns 10% APY, eligible to master account only

Benefits of Holding RLUSD on OKX

  • Global-to-local competitive APY: Earn top-tier rewards automatically, distributed weekly. VIP users earn 4.1% APY and regular users earn 3.5% APY. For a limited time (21 Jul–20 Aug 2026), the first 2,000 RLUSD at master account earns 10% APY.

  • Market-leading simplicity: No subscription, no redemption, no staking or lockups — RLUSD stays exactly where it is and remains available for trading at any time. Rewards are calculated based on the cross equity of your trading, funding, and flexible loan accounts.

  • Flexible reward currency: choose to receive weekly rewards in RLUSD or XRP.

  • Yield-bearing collateral: RLUSD allows you to earn passive rewards while using it as margin in futures trading or as collateral in flexible loan products. The discount rate is 0.98. Collateral holding cap: 40,000,000 RLUSD per sub account.

How to Start Earning

Getting started takes just a few clicks:

  1. Log in to your OKX account.

  2. Obtain RLUSD through one of the following means:

    • Spot Buy

    • Convert

    • Deposit from an external wallet

  3. Hold RLUSD and watch your rewards land in your account weekly, in RLUSD or XRP (your choice).

Frequently Asked Questions

1. How much of my holdings count towards my margin or collateral?

We count 98% of your holdings toward your margin and collateral. This applies to your main account and each sub account. Your collateral value is capped at 40,000,000 RLUSD per sub account. If your combined holding in your trading account and flexible loan account exceeds this limit, the portion above it won't count towards your margin and collateral.

2. APY Calculation Details

  • Rates: VIP APY 4.1% | Regular users APY 3.5% | Launch promo (21 Jul–20 Aug 2026): first $2,000 at master-account level → 10% APY

  • Calculation period: Each Monday to Sunday (UTC+8). Daily snapshot runs from 8:00 to 7:00 the next day (UTC+8).

  • Distribution: Wednesday of each following week (UTC+8 12:00)

  • Rewards payout token: RLUSD or XRP (user's choice), credited directly to your funding account

  • Daily balance calculation: based on the min balance of cross equity of your trading, funding, and flexible loan accounts

  • Formula: Rewards = Average RLUSD daily balance this week × APR / 52

3. Is there a cap for holding RLUSD to earn APY?

No cap on the standard rewards — you earn on your entire RLUSD balance. The 10% launch-promo rate applies only to the first 2,000 RLUSD of holdings, calculated at parent-account level, during 21 Jul–20 Aug 2026; amounts above that (and holdings after the promo ends) earn the standard VIP/regular rate.

4. Can I choose whether to receive rewards in RLUSD or XRP?

Yes. You can select your preferred reward payout currency — RLUSD or XRP.

5. How to check my holding and earnings?

Navigate to Earn → RLUSD Rewards in your OKX account to view your current holdings, accumulated earnings, and reward history.