Ripple and SBI Set to Launch RLUSD Stablecoin in Japan by 2026
Finance/Tech

Ripple and SBI Set to Launch RLUSD Stablecoin in Japan by 2026

Ripple and SBI VC Trade aim to introduce a new stablecoin, RLUSD, in Japan, enhancing the country's digital finance landscape.

Ripple and SBI Set to Launch RLUSD Stablecoin in Japan by 2026

SBI VC Trade, a licensed provider for electronic payment instruments, announced its plans to introduce Ripple USD (RLUSD) in Japan by the first quarter of 2026 to tap into the growing stablecoin market.

Key Points:

  • The partnership marks a major stride in enhancing Japan’s digital finance infrastructure.
  • RLUSD will be fully backed by U.S. dollar deposits and other assets, providing monthly attestations for transparency.
  • This initiative aims to establish a new standard in stablecoins, focusing on regulatory compliance and reliability.

The collaboration between Ripple and SBI Holdings invites a new phase for Japan’s digital currency landscape, solidifying their longstanding ties within the blockchain ecosystem. As the country’s regulatory environment evolves, RLUSD may well set a benchmark for forthcoming digital currencies.

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