In major XRP news today, Ripple has launched its Ripple USD (RLUSD) stablecoin in Japan after receiving regulatory approval. The stablecoin is available through SBI VC Trade for both institutional and retail investors, as the company pushes for payments, tokenization, and collateral management.
Ripple Partners with SBI Group to Launch RLUSD in Japan
In an official announcement on June 25, Ripple said that RLUSD is now available in Japan through a partnership with Japanese financial conglomerate SBI Holdings and its crypto arm SBI VC Trade.
This milestone deepens its partnership with SBI Group and enables RLUSD to serve as a bridge for payments, tokenization, and collateral management. Ripple asserts the move provides global liquidity to institutions and individuals.
“This launch marks an important step in expanding access to transparent, regulated USD-backed stablecoins like RLUSD for financial institutions, consumers and businesses in Japan,” said Jack McDonald, Senior Vice President of Stablecoins at Ripple.
The RLUSD stablecoin launch in Japan follows Ripple’s regulatory approval from the Japan Financial Services Agency. This categorized RLUSD as a new type of electronic payment instrument under the Payment Services Act, according to the statement.
Konnichiwa 🇯🇵 @Ripple and @sbigroup have officially launched Ripple USD (RLUSD) in Japan!
Following JFSA approval, RLUSD is now live for institutional and retail users on SBI VC Trade’s platform. This builds directly on our long-standing partnership and brings trusted,… https://t.co/Fe20yKQEMJ
— Reece Merrick (@reece_merrick) June 25, 2026
Japan Records Massive XRP and Crypto Adoption
Ripple has a decade-long relationship with Japan-based SBI Group, with massive demand for XRP and partnerships for XRP Ledger development. With RLUSD stablecoin having a market capitalization of $1.6 billion, the companies will boost innovation in cross-border payments and digital asset adoption.
RLUSD is already deployed across multiple markets to enable faster settlements, greater transparency, and more efficient cross-border liquidity. Recently, Ripple expanded RLUSD into South Korea’s crypto market with Coinone listing.
As CoinGape reported earlier, SBI Holdings launched Yen-pegged stablecoin SPYSC on Ethereum with blockchain services provider Startale Group. JPYSC is distributed by SBI Shinsei Trust Bank and issued with the help of SBI VC Trade.
Meanwhile, Ripple partner SBI Holding plans to offer deposit rewards in Bitcoin, Ethereum, and XRP in Japan’s crypto market. The crypto rewards program is available via SBI Shinsei Bank.
XRP price has rebounded more than 3%, currently trading at $1.08. The prices dropped to a low of $1.05 amid global market selloffs due to the AI-driven tech rout and potential Fed rate hike.
