#Japan #Tokyo #RLUSD #Ripple #SBI Group

SBI Group Partners with Ripple for RLUSD Launch

SBI Holdings, based in Tokyo, has announced a major partnership with Ripple Labs Inc., a leading enterprise blockchain company. This collaboration aims to issue and distribute Ripple USD (RLUSD), a dollar-pegged stablecoin, within the Japanese market. With the increasing prominence of stablecoins in the global financial landscape, this agreement represents a significant stride in the evolution of digital assets in Japan.

The Rise of Stablecoins

The stablecoin market is currently valued at approximately $300 billion, with projections indicating growth into the trillions. The demand for stablecoins is driven by the expansion of use cases and a surge in institutional investment. RLUSD is positioned to capitalize on this growing trend.

Designed with compliance and transparency in mind, RLUSD is an enterprise-grade stablecoin fully backed by high-quality reserve assets, including U.S. dollar deposits and U.S. Treasury bills. The reserve is verified monthly by an independent accounting firm, enhancing trust and reliability in this digital asset.

Timely Introduction to the Japanese Market

The introduction of RLUSD is expected by the end of the fiscal year, greatly expanding the options for stablecoins available in Japan. According to Tomohiko Kondo, the president of SBI VC Trade, this move is not only a pivotal step in advancing the reliability and utility of stablecoins but also accelerates the fusion of finance and digital technology in the country.

Kondo emphasized that SBI has been at the forefront of cryptocurrency and blockchain development in Japan. Previously, the company became the first in the country to acquire a license as an electronic payment provider in March 2025, indicating its commitment to innovation in this space.

Voices from Industry Leaders

Jack McDonald, Senior Vice President of Ripple's stablecoin division, expressed enthusiasm about the partnership, stating that it goes beyond mere technical collaboration. He sees RLUSD as a true industry standard designed to bridge the gap between traditional finance and the decentralized realm. This launch is anticipated to expand use cases for stablecoins in Japan and set new benchmarks across the market.

About Ripple

Ripple is a global leader in providing financial institutions with digital asset infrastructure. Their mission is to enhance efficiency, reduce transaction costs and operational frictions while sustaining innovation in international finance. Ripple’s software solutions comply with regulatory standards and are built on the XRP Ledger, allowing for high-speed, low-cost transactions.

The company has proven expertise collaborating with regulators and policymakers, leveraging its experience to develop solutions in payments, custody, and stablecoins, thus leading the charge in the growth of the digital asset economy.

About SBI VC Trade

SBI VC Trade stands as a major player in Japan’s cryptocurrency sector, providing a wide range of services powered by the strength of the SBI Group. With top-notch security measures in place, the company is not limited to cryptocurrency trading but also offers management services and corporate solutions. They recently became the first in the nation to handle the USDC stablecoin, showcasing their focus on customer-centered, innovative services.

In conclusion, the partnership between SBI and Ripple marks a significant milestone in Japan’s digital currency landscape. As the market evolves, RLUSD promises to deliver a trusted and efficient stablecoin solution that caters to the growing demand for digital assets in Japan and beyond.

For more information, visit SBI VC Trade and follow them on X (formerly Twitter).