Ripple and SBI Holdings announced plans to distribute Ripple USD in Japan, aiming for launch in the first quarter of 2026. SBI VC Trade, a licensed exchange and distributor, will handle the rollout under Japan’s new electronic payment regulations.
RLUSD, Ripple’s first stablecoin initiative launched in December 2024, is backed by U.S. dollar deposits, short-term Treasuries, and cash equivalents. Independent monthly attestations ensure transparency, making the token institution-ready. Ripple emphasizes that this structure provides regulatory clarity and industry-standard compliance.
SBI executives highlighted the partnership as vital for advancing Japan’s digital financial infrastructure. Ripple added that RLUSD aims to serve as a bridge between traditional finance and decentralized systems, positioning itself as a trusted option for businesses and investors navigating Japan’s evolving digital asset landscape.
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