Ripple Launches RLUSD in Japan as Regulated Stablecoin Expansion Gains Momentum

TheNewsCryptoPublished on 2026-06-25Last updated on 2026-06-25

Abstract

Ripple has officially launched its regulated U.S. dollar stablecoin, RLUSD, in Japan through the SBI VC Trade platform (VCTRADE). This follows approval from Japan's Financial Services Agency under the country's Type 4 Electronic Payment Instrument framework. The launch marks a significant expansion for RLUSD into a major, technologically advanced market and deepens Ripple's long-standing partnership with the SBI Group, which began in 2016. In Japan, RLUSD will be used for cross-border payments, tokenization, and collateral management. The stablecoin is backed by U.S. dollar deposits, Treasury holdings, and cash equivalents, with regular third-party attestations. SBI VC Trade will offer free deposits and withdrawals for the asset. Since its late-2024 debut, RLUSD's market capitalization has grown to approximately $1.7 billion, making it the second USD stablecoin on the VCTRADE platform after USD Coin. Ripple highlights Japan's clear regulatory environment as key to this strategic growth.

Ripple is officially bringing out RLUSD into the Japanese market, which becomes an important milestone for its future international growth. By doing this, the company will make significant progress in its operations in one of the most technologically sophisticated digital assets markets worldwide.

Now, after obtaining approval from Japan’s Financial Services Agency, institutional and retail investors will have access to RLUSD at the VCTRADE platform of SBI VC Trade. With RLUSD available in Japan, Ripple and SBI intend to support the following use cases, including cross-border payments, tokenization, and collateral management.

Regulatory Framework Supports RLUSD Growth

Ripple considers Japan an essential market because regulators provide clear guidelines for innovation in the digital asset sector. SBI noted that the launch was critical to enabling blockchain-based financial services in regulated environments. According to Reece Merrick, Ripple’s Managing Director of the Middle East and Africa region, the launch will leverage the firm’s long-standing partnership, thereby enabling regulated USD stablecoins access for Japanese users.

Japan approved RLUSD under its Type 4 Electronic Payment Instrument framework, allowing regulated financial institutions to distribute the stablecoin. Ripple backs RLUSD with U.S. dollar deposits, Treasury holdings, and cash-equivalent assets.

Japan Becoming Ripple’s Favourite Market

In addition to that, Ripple issues monthly attestations from third-party institutions regarding the funds held in reserve. SBI VC Trade will facilitate free deposits and withdrawals of RLUSD, thus increasing its accessibility for Japanese customers. On the other hand, the relationship between the two firms is not new. The collaboration of Ripple and SBI Group goes back to 2016.

RLUSD, which was launched at the end of 2024, grew very quickly, and its market cap increased to about $1.7 billion. RLUSD became the second USD stablecoin on SBI VC Trade following USD Coin.

Japan became a part of Ripple’s ever-growing network of regulated markets; thus, the new RLUSD became even more important for global payments infrastructure. It demonstrates ongoing work by Ripple to facilitate the usage of regulated stablecoins and expand its blockchain platform.

Highlighted Crypto News:

Coinbase Opens Luxembourg MiCA Hub as EU Crypto Market Enters New Regulatory Era

Tags#RipplecryptocurrencyinJapanJapanRippleRipple (XRP)RLUSDSBI groupSBI Ripple AsiaStablecoinstablecoinsXRP Ledger

Related Questions

QWhat is the primary significance of Ripple launching RLUSD in the Japanese market according to the article?

AThe launch of RLUSD in Japan represents an important milestone for Ripple's future international expansion and signifies significant progress in one of the world's most technologically sophisticated digital assets markets.

QThrough which Japanese platform will institutional and retail investors be able to access RLUSD?

AInvestors will have access to RLUSD on the VCTRADE platform of SBI VC Trade.

QUnder which Japanese regulatory framework was RLUSD approved?

ARLUSD was approved under Japan's Type 4 Electronic Payment Instrument framework.

QWhat are the primary assets backing the RLUSD stablecoin?

ARLUSD is backed by U.S. dollar deposits, Treasury holdings, and cash-equivalent assets.

QHow does the article describe the growth of RLUSD since its launch at the end of 2024?

ARLUSD grew very quickly, with its market capitalization increasing to about $1.7 billion, making it the second USD stablecoin available on SBI VC Trade after USD Coin.

Related Reads

Citi Research Report Analysis: U.S. Proposed Ban on Chinese Optical Modules Has No Substantial Progress, Short-term Enforcement Faces Supply Constraints

Citi Report Analysis: U.S. Proposed Ban on Chinese Optical Modules Lacks Substantive Progress, Faces Supply Bottlenecks in Short Term. Reuters reported on August 4th that the U.S. government and FCC are considering a ban on Chinese optical modules. Citi's August 9th report clarifies that optical modules are not listed on any effective FCC ban. The FCC's Order 26-50 established two restricted list mechanisms (based on manufacturer and production location), but optical modules were only mentioned once, as an example in a disclosure requirement, not as a restricted product. The reported ban remains at a proposal stage. Citi estimates Chinese suppliers provide 60-70% of high-speed optical modules for U.S. hyperscalers. Non-Chinese suppliers cannot fill this gap in the short term, making the immediate implementation of a genuine ban unlikely. Future regulatory paths could be manufacturer-based (least likely), location-based covering all offshore production (strictest), or location-based covering only China (more feasible but with unresolved definitions). A ban would pressure U.S. AI infrastructure, conflicting with stated policy goals. Citi sees low near-term implementation probability, with the issue potentially becoming a negotiation chip in bilateral talks. U.S. domestic capacity build-out is a key long-term variable. Among Chinese companies, XSENS and Dongshan Precision have the highest U.S. exposure, while Tianfu Communication, as a passive component supplier, is relatively insulated. Citi maintains Buy ratings on all three with respective price targets. The conclusion is that Chinese modules are currently irreplaceable in the U.S. AI supply chain, creating a longer timeline for potential restrictions than the market may expect.

marsbit30m ago

Citi Research Report Analysis: U.S. Proposed Ban on Chinese Optical Modules Has No Substantial Progress, Short-term Enforcement Faces Supply Constraints

marsbit30m ago

Lead Analyst Claims Bitcoin is at a Critical Stage: 'We are at the Bear Market Bottom, What Happens Next…'

Renowned cryptocurrency analyst Benjamin Cowen, in his latest analysis video, examined recent events and historical cycles in the Bitcoin market. Noting Bitcoin's trading range of $64,000 to $65,000, Cowen stated that market dynamics and investor interest show similarities to past cycles, suggesting the upcoming period marks a critical turning point. Cowen observed a significant decline in public interest and investor enthusiasm for the crypto market, with social risk metrics falling to 0.2, far below levels seen four years ago. He added that market volatility has notably decreased, and a sense of distrust prevails among investors, drawing parallels to the ends of bear markets in 2018 and 2022. Historical data indicates Bitcoin markets typically bottom in summer months, followed by a period of stagnation with low volatility, implying a major move could occur in the year's final quarter. However, Cowen noted on-chain indicators like the MVRV Z-Score have not yet signaled a definitive bottom. Cowen believes an event in the coming weeks could shake the market, potentially triggering a final sell-off wave. Such an event, he argues, would bring investors back and pave the way for a new bull cycle. He predicts October as the most likely bottoming period, while acknowledging September or November are also possible, advising crypto users to remain cautious and prepared for a decisive market moment.

cryptonews.ru39m ago

Lead Analyst Claims Bitcoin is at a Critical Stage: 'We are at the Bear Market Bottom, What Happens Next…'

cryptonews.ru39m ago

Bitcoin Community in Uproar: Deciphering the New Scaling War Sparked by BIP-110

On August 10, Luke Dashjr, a long-time Bitcoin Improvement Proposal (BIP) editor and co-founder of Ocean mining pool, was removed from the BIP editing team for bypassing discussion protocols and preemptively assigning a number to BIP-110, a controversial soft fork proposal he helped draft. The conflict stems from Bitcoin Core's version 30 release in October 2025, which removed the default 83-byte limit on OP_RETURN, a field used for embedding non-transaction data. In response, BIP-110 aimed to enforce this limit as a consensus rule. It controversially lowered the activation threshold for miners to 55% and included a mandatory activation clause, causing significant community backlash. Major mining pools like Foundry USA and AntPool did not support it, with public criticism from figures like F2Pool's Wang Chun and Michael Saylor, who argued it compromised Bitcoin's neutrality. On August 8, at block height 961,632, nodes running the BIP-110 patch rejected the main chain block, causing a chain split. The minority chain, supported by only about 2.53% of the network's hash rate, produced just one additional block before stalling. The main chain quickly outpaced it by over 240 blocks. No major exchanges have supported the minority chain. The event highlighted Bitcoin's governance reality: while rules can be proposed by a few, ultimate authority lies with the economic majority—miners willing to expend hash power and users/exchanges recognizing a chain's validity. Following the failed split, BIP-110 proponents, including Luke Dashjr, have begun discussing a change to the proof-of-work algorithm to create a separate coin, though this remains in early discussion stages.

marsbit1h ago

Bitcoin Community in Uproar: Deciphering the New Scaling War Sparked by BIP-110

marsbit1h ago

Trading

Spot
活动图片