- Ripple has collaborated with SBI VC Trade and launched RLUSD in Japan, after approval from Japan’s Financial Services Agency.
- The use of RLUSD has been increasing globally, where the volume of XRP Ledger tokens has become close to that of Ethereum tokens.
Ripple is officially bringing out RLUSD into the Japanese market, which becomes an important milestone for its future international growth. By doing this, the company will make significant progress in its operations in one of the most technologically sophisticated digital assets markets worldwide.
Now, after obtaining approval from Japan’s Financial Services Agency, institutional and retail investors will have access to RLUSD at the VCTRADE platform of SBI VC Trade. With RLUSD available in Japan, Ripple and SBI intend to support the following use cases, including cross-border payments, tokenization, and collateral management.
We're proud to announce that Ripple USD ($RLUSD) is now officially available in Japan, following approval from the Japan Financial Services Agency (JFSA): https://t.co/5rJZBrFaIM
— Ripple (@Ripple) June 25, 2026
Through our partnership with SBI Group and @sbivc_official, $RLUSD will be accessible to both…
Regulatory Framework Supports RLUSD Growth
Ripple considers Japan an essential market because regulators provide clear guidelines for innovation in the digital asset sector. SBI noted that the launch was critical to enabling blockchain-based financial services in regulated environments. According to Reece Merrick, Ripple’s Managing Director of the Middle East and Africa region, the launch will leverage the firm’s long-standing partnership, thereby enabling regulated USD stablecoins access for Japanese users.
Japan approved RLUSD under its Type 4 Electronic Payment Instrument framework, allowing regulated financial institutions to distribute the stablecoin. Ripple backs RLUSD with U.S. dollar deposits, Treasury holdings, and cash-equivalent assets.
Konnichiwa 🇯🇵 @Ripple and @sbigroup have officially launched Ripple USD (RLUSD) in Japan!
— Reece Merrick (@reece_merrick) June 25, 2026
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
Japan Becoming Ripple’s Favourite Market
In addition to that, Ripple issues monthly attestations from third-party institutions regarding the funds held in reserve. SBI VC Trade will facilitate free deposits and withdrawals of RLUSD, thus increasing its accessibility for Japanese customers. On the other hand, the relationship between the two firms is not new. The collaboration of Ripple and SBI Group goes back to 2016.
RLUSD, which was launched at the end of 2024, grew very quickly, and its market cap increased to about $1.7 billion. RLUSD became the second USD stablecoin on SBI VC Trade following USD Coin.
Japan became a part of Ripple’s ever-growing network of regulated markets; thus, the new RLUSD became even more important for global payments infrastructure. It demonstrates ongoing work by Ripple to facilitate the usage of regulated stablecoins and expand its blockchain platform.
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