How Ripple’s Power Move with SBI Could Shake Japan’s Financial Landscape – Are You Ready for the RLUSD Revolution?

How Ripple’s Power Move with SBI Could Shake Japan’s Financial Landscape – Are You Ready for the RLUSD Revolution?

Who would’ve thought the powerhouse duo of Ripple and Japan’s financial behemoth SBI Holdings would join forces to make waves in the stablecoin universe? As the $300 billion stablecoin market eyes a surge into the trillions, this partnership is more than just a handshake—it’s a strategic leap into Japan’s fast-evolving digital asset landscape. With RLUSD, Ripple’s US dollar-backed stablecoin, set to debut in Japan through SBI VC Trade by early 2026, the stakes couldn’t be higher. So, what does this mean for investors and enterprises alike? Is this the dawn of a new era where traditional finance and cutting-edge digital currency truly converge? Let’s dive into how this collaboration could redefine stability and trust in the digital financial ecosystem. LEARN MORE.


Ripple teams up with TradFi giant SBI to distribute RLUSD stablecoin in Japan

The stablecoin market, currently valued at nearly $300 billion, is positioned for expansion into the trillions in coming years, according to Ripple.

Ripple partners with TradFi giant SBI to distribute RLUSD stablecoin in Japan

Key Takeaways

  • Ripple and SBI Holdings, together with SBI VC Trade, have signed a memorandum of understanding to distribute Ripple’s US dollar-backed stablecoin in Japan.
  • The stablecoin has grown to a $666 million market cap, according to CoinGecko.

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Ripple and SBI Holdings, Japan’s financial conglomerate, are deepening their long-standing partnership with a new memorandum of understanding that paves the way for the distribution of RLUSD, Ripple’s flagship stablecoin, in Japan, according to a Friday announcement.

Under the deal, SBI VC Trade, an SBI subsidiary licensed to operate as an Electronic Payment Instruments Exchange Service Provider, will oversee the rollout of the stablecoin. The company plans to launch RLUSD in Japan in the first quarter of 2026.

RLUSD is fully collateralized by US dollar deposits, short-term Treasuries, and cash equivalents, with reserves confirmed through monthly third-party attestations. The token’s market capitalization currently stands at $666 million, CoinGecko data shows.

“The introduction of RLUSD will not just expand the option of stablecoins in the Japanese market, but is a major step forward in the reliability and convenience of stablecoins in the Japanese market, and an important step in further accelerating the convergence of finance and digital technology,” said SBI VC Trade CEO Tomohiko Kondo in a statement. “We will continue to work with Ripple to build a safe and transparent financial infrastructure.”

Jack McDonald, Ripple’s Senior Vice President of Stablecoins, said the agreement with SBI reflects a long-term effort to build a trusted and compliant financial framework.

“The distribution of RLUSD in Japan with SBI VC Trade is a culmination of that work,” he stated. “We are confident that this partnership will not only drive stablecoin utility in Japan but also set a new benchmark for the entire market.”

SBI Holdings is eyeing the launch of a Bitcoin and XRP dual ETF in Japan, pending regulatory adjustments expected from the Financial Services Agency’s ongoing review.

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