Binance is offering XRP-pegged coins native to its own network, Binance Chain. The news leaked after the network itself revealed the secret.
https://twitter.com/cz_binance/status/1179790401412030464
Binance Chain is instrumental to offering assets for the decentralized Binance Exchange, and in theory offers more exchange opportunities for a wider audience of traders. XRP is on offer after Binance Chain offers a version of Bitcoin (BTC).
Binance Chain will also increase the direct pairs for XRP. The asset trades in a total of 400 pairs, though not all are active. Binance DEX will add new direct pairs.