Ripple And SBI Launch RLUSD Stablecoin In Japan After Regulatory Approval

Summary

Ripple’s dollar-backed RLUSD stablecoin is now available in Japan through SBI VC Trade, after approval from Japan’s Financial Services Agency. The launch extends Ripple’s partnership with SBI Group and gives RLUSD access to a tightly regulated market that requires clear rules on issuance, custody, and consumer protection. Japan is significant because its stablecoin framework is stricter than many offshore markets and serves as a test case for regulated foreign stablecoins. For Ripple, RLUSD supports a broader push into enterprise payments, settlement, and tokenization beyond XRP-linked corridors. Adoption will depend on liquidity, exchange depth, and real corporate use cases.