Ripple Launches RLUSD Stablecoin in Japan with SBI Group on June 25

RLUSD0.02%
According to Ripple, the blockchain-based enterprise solutions company launched its RLUSD stablecoin in Japan on June 25 in partnership with SBI Holdings and its subsidiary SBIVC Trade. The launch follows regulatory approval from Japan's Financial Services Agency (JFSA) and fulfills a memorandum of understanding announced between Ripple and SBI Group in August 2025. RLUSD is classified as a new type of electronic payment instrument under Japan's Payment Services Act and will be available to both institutional and retail investors through SBIVC Trade's VCTRADE platform.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments