Ripple partners with SBI Holdings to promote Ripple USD (RLUSD) in Japan
BlockBeats News, August 22 — Ripple, together with Japanese financial conglomerate SBI Holdings and its subsidiary SBI VC Trade Co., Ltd. (a licensed electronic payment instruments trading service provider, hereinafter referred to as "SBI Group"), announced today that they have signed a new Memorandum of Understanding (MOU) to distribute Ripple USD (RLUSD) in Japan through SBI VC Trade.
RLUSD is a trusted, enterprise-grade stablecoin designed with a strong focus on compliance and transparency. RLUSD undergoes monthly audits by third-party accounting firms.
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