Ripple & SBI Target $300B Stablecoin Market with RLUSD in Japan
The post Ripple & SBI Target $300B Stablecoin Market with RLUSD in Japan appeared on BitcoinEthereumNews.com. RLUSD Launch in Japan Gets Underway Next Year Ripple, the blockchain payments giant, is partnering with Japan’s financial powerhouse SBI Holdings and and its subsidiary SBI VC Trade Co., Ltd., a provider of crypto asset exchange business, to launch a new stablecoin, RLUSD, targeting the rapidly expanding $300 billion stablecoin market. This strategic move signals the companies’ commitment to cementing a foothold in Japan’s burgeoning digital currency ecosystem. Furthermore, SBI plans to roll out the RLUSD stablecoin in the first quarter of 2026. Stablecoins, digital currencies pegged to traditional fiat, have surged in popularity due to their stability compared to volatile assets like Bitcoin or XRP. With the global market already at $300 billion, analysts project it could reach trillions, driven by rising demand for digital payments, cross-border transactions, and DeFi applications. RLUSD is being developed to meet Japan’s strict financial regulations, ensuring a secure and reliable digital currency for both retail and institutional users. By aligning with regulatory standards, Ripple and SBI position RLUSD as a trusted bridge between traditional finance and the growing digital asset ecosystem. Jack McDonald, Ripple’s Senior Vice President of Stablecoins, noted, “The distribution of RLUSD in Japan with SBI VC Trade is a culmination of that work. RLUSD is designed to be a true industry standard, providing a reliable and efficient bridge between traditional and decentralized finance. We are confident that this partnership will not only drive stablecoin utility in Japan but also set a new benchmark for the entire market.” Notably, this partnership combines Ripple’s blockchain expertise in fast, low-cost cross-border payments with SBI Holdings’ deep ties to Japan’s financial sector and fintech innovation. Therefore, by leveraging SBI’s experience in crypto exchanges, digital asset platforms, and blockchain research, the two aim to launch a stablecoin that rivals USDT and USDC while catering specifically…
The post Ripple & SBI Target $300B Stablecoin Market with RLUSD in Japan appeared on BitcoinEthereumNews.com.
RLUSD Launch in Japan Gets Underway Next Year Ripple, the blockchain payments giant, is partnering with Japan’s financial powerhouse SBI Holdings and and its subsidiary SBI VC Trade Co., Ltd., a provider of crypto asset exchange business, to launch a new stablecoin, RLUSD, targeting the rapidly expanding $300 billion stablecoin market. This strategic move signals the companies’ commitment to cementing a foothold in Japan’s burgeoning digital currency ecosystem. Furthermore, SBI plans to roll out the RLUSD stablecoin in the first quarter of 2026. Stablecoins, digital currencies pegged to traditional fiat, have surged in popularity due to their stability compared to volatile assets like Bitcoin or XRP. With the global market already at $300 billion, analysts project it could reach trillions, driven by rising demand for digital payments, cross-border transactions, and DeFi applications. RLUSD is being developed to meet Japan’s strict financial regulations, ensuring a secure and reliable digital currency for both retail and institutional users. By aligning with regulatory standards, Ripple and SBI position RLUSD as a trusted bridge between traditional finance and the growing digital asset ecosystem. Jack McDonald, Ripple’s Senior Vice President of Stablecoins, noted, “The distribution of RLUSD in Japan with SBI VC Trade is a culmination of that work. RLUSD is designed to be a true industry standard, providing a reliable and efficient bridge between traditional and decentralized finance. We are confident that this partnership will not only drive stablecoin utility in Japan but also set a new benchmark for the entire market.” Notably, this partnership combines Ripple’s blockchain expertise in fast, low-cost cross-border payments with SBI Holdings’ deep ties to Japan’s financial sector and fintech innovation. Therefore, by leveraging SBI’s experience in crypto exchanges, digital asset platforms, and blockchain research, the two aim to launch a stablecoin that rivals USDT and USDC while catering specifically…
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