Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Ripple Partners with SBI for RLUSD Launch in Japan

Ripple Partners with SBI for RLUSD Launch in Japan

Coinlive2025/08/22 20:15
By:Coinlive
Key Points:
  • Ripple and SBI plan RLUSD stablecoin launch in Japan.
  • Anticipated market and regulatory shifts by 2026.
  • XRP prices remain stable despite partnership news.
Ripple and SBI Plan RLUSD Stablecoin Distribution in Japan by 2026

Ripple and SBI Holdings have announced plans for SBI VC Trade to distribute Ripple’s RLUSD stablecoin in Japan, aiming for a Q1 2026 launch.

The initiative underscores Japan’s regulatory progress on stablecoins, yet XRP’s price declined, suggesting market ambivalence despite Ripple’s ongoing efforts to integrate blockchain with traditional finance.

Ripple and SBI Holdings have announced a memorandum of understanding for SBI VC Trade to distribute RLUSD stablecoin in Japan. The target launch is set for Q1 2026, marking a significant milestone in stablecoin adoption.

Ripple and SBI Holdings, led by CEOs Brad Garlinghouse and Yoshitaka Kitao, respectively, are spearheading this initiative. RLUSD, Ripple’s first stablecoin, was launched in December 2024 and aims to bridge traditional and decentralized finance systems.

The impact of this initiative is likely to be profound in Japan. The country has recently shown openness to stablecoins, as demonstrated by the approval of its first yen-denominated version, laying the groundwork for RLUSD’s potential success.

Financially, while XRP’s price has not surged following this announcement, industry experts anticipate new economic dynamics in the Japanese stablecoin market. This could lead to increased liquidity and expansion of blockchain technology adoption in the region.

SBI’s collaboration with Ripple aligns with its blockchain strategy, including ongoing partnerships with Circle and Startale. These strategies underline their pursuit of expanding blockchain services in Japan, particularly in tokenization and digital finance.

On a regulatory front, Japan’s updated stablecoin regime could significantly attract institutional interest. Ripple and SBI’s collaboration exemplifies a strategic approach to aligning financial products with evolving legal frameworks, enhancing security and compliance measures.

RLUSD is designed to be a true industry standard, providing a reliable and efficient bridge between traditional and decentralized finance. – Jack McDonald, SVP, Ripple
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Tether: Quasi-sovereign allocator

Tether’s ascent as a top-10 foreign buyer of Treasurys signals stablecoin issuers are no longer just liquidity users

Blockworks2025/08/22 21:35
Tether: Quasi-sovereign allocator

Powell’s Jackson Hole speech sparks renewed momentum amid rate‑cut hopes

BTC and ETH rally on dovish Fed signals

Blockworks2025/08/22 21:35