XRP News: Ripple Rolls Out RLUSD Stablecoin In Japan With SBI
The post XRP News: Ripple Rolls Out RLUSD Stablecoin In Japan With SBI appeared on BitcoinEthereumNews.com. Ripple partnered with SBI Holdings to bring its RLUSD stablecoin to Japan by the first quarter of 2026. The companies signed a memorandum of understanding on Aug. 22, positioning SBI VC Trade as the distribution partner for Ripple’s enterprise-grade stablecoin. SBI VC Trade holds Japan’s Electronic Payment Instruments Exchange Service Provider license, making it the first licensed entity in the country to handle stablecoins. The partnership represents Ripple’s latest expansion into regulated markets and SBI’s continued crypto market leadership in Japan. RLUSD Targets Institutional Demand RLUSD launched as Ripple’s answer to institutional stablecoin requirements. The token maintains full backing through US dollar deposits, short-term government bonds, and cash equivalents. Third-party accounting firms provide monthly attestations to ensure transparency and regulatory compliance. The stablecoin market reached nearly $274 billion in value as of August 2025, with RLUSD representing $667 million. Industry projections suggest trillion-dollar market growth over the coming years, driven by institutional adoption and utility expansion. RLUSD positions itself as a compliance-focused alternative to existing stablecoins, potentially expanding its market participation. Jack McDonald, Ripple’s Senior Vice President of Stablecoins, noted the partnership’s regulatory focus. The executive stated that RLUSD serves as a bridge between traditional and decentralized finance while meeting industry standards for reliability and efficiency. Tomohiko Kondo, SBI VC Trade CEO, described the RLUSD introduction as expanding stablecoin options in Japan. The CEO highlighted the move’s role in accelerating financial technology convergence and building transparent financial infrastructure. Despite the positive news, XRP has been down since Aug. 20 (1-hour chart). | Source: TradingView SBI Expands Crypto Portfolio Across Three Fronts SBI Holdings announced three separate crypto initiatives on Aug. 22, demonstrating the company’s comprehensive digital asset strategy. Beyond the Ripple partnership, SBI established joint ventures with Circle and Startale Group for different market segments. The Circle partnership focuses on…
The post XRP News: Ripple Rolls Out RLUSD Stablecoin In Japan With SBI appeared on BitcoinEthereumNews.com.
Ripple partnered with SBI Holdings to bring its RLUSD stablecoin to Japan by the first quarter of 2026. The companies signed a memorandum of understanding on Aug. 22, positioning SBI VC Trade as the distribution partner for Ripple’s enterprise-grade stablecoin. SBI VC Trade holds Japan’s Electronic Payment Instruments Exchange Service Provider license, making it the first licensed entity in the country to handle stablecoins. The partnership represents Ripple’s latest expansion into regulated markets and SBI’s continued crypto market leadership in Japan. RLUSD Targets Institutional Demand RLUSD launched as Ripple’s answer to institutional stablecoin requirements. The token maintains full backing through US dollar deposits, short-term government bonds, and cash equivalents. Third-party accounting firms provide monthly attestations to ensure transparency and regulatory compliance. The stablecoin market reached nearly $274 billion in value as of August 2025, with RLUSD representing $667 million. Industry projections suggest trillion-dollar market growth over the coming years, driven by institutional adoption and utility expansion. RLUSD positions itself as a compliance-focused alternative to existing stablecoins, potentially expanding its market participation. Jack McDonald, Ripple’s Senior Vice President of Stablecoins, noted the partnership’s regulatory focus. The executive stated that RLUSD serves as a bridge between traditional and decentralized finance while meeting industry standards for reliability and efficiency. Tomohiko Kondo, SBI VC Trade CEO, described the RLUSD introduction as expanding stablecoin options in Japan. The CEO highlighted the move’s role in accelerating financial technology convergence and building transparent financial infrastructure. Despite the positive news, XRP has been down since Aug. 20 (1-hour chart). | Source: TradingView SBI Expands Crypto Portfolio Across Three Fronts SBI Holdings announced three separate crypto initiatives on Aug. 22, demonstrating the company’s comprehensive digital asset strategy. Beyond the Ripple partnership, SBI established joint ventures with Circle and Startale Group for different market segments. The Circle partnership focuses on…
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