Ripple and SBI Announce RLUSD Stablecoin Launch in Japan

- Ripple and SBI launching RLUSD in Japan by 2026.
- Partnership leverages new Japanese stablecoin regulations.
- Ripple aims to provide reliable industry standards.
Ripple and SBI Holdings announced a partnership to launch the RLUSD stablecoin in Japan, aiming for a first quarter 2026 release.
The collaboration leverages Japan’s new stablecoin regulations, aiming to expand stablecoin market options and boost cross-border financial interactions.
Ripple and SBI Holdings announced their collaboration to launch the Ripple USD (RLUSD) stablecoin in Japan. The initiative targets the first quarter of 2026, utilizing Japan’s updated stablecoin regulations.
The partnership involves Ripple and SBI Holdings, leveraging SBI VC Trade as the licensed distributor. The goal is to enhance the reliability and convenience of stablecoins in Japan’s financial market. Tomohiko Kondo, CEO, SBI VC Trade, remarked, “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.” Source
Ripple’s announcement sparked an immediate 8% increase in XRP’s price. The news reflects the anticipated positive market reaction to launching a new regulated stablecoin in Japan.
Financially, RLUSD is fully backed by U.S. dollar deposits, short-term Treasuries, and cash equivalents, ensuring stability. Regulatory clarity remains a central focus for Ripple’s institutional-grade strategy.
RLUSD’s circulation stands at approximately $668 million globally, with growth anticipated as it enters the Japanese market, projected to top $300 billion in stablecoin volume.
The launch is expected to influence regulatory, financial, and technological landscapes. Historical trends indicate a positive reception in Japan, with Ripple’s prior successes in Dubai setting a precedent. SBI VC Trade is officially licensed as an ‘Electronic Payment Instruments Exchange Service Provider’ in Japan, meeting all compliance standards for stablecoin distribution.