Ripple and SBI Team Up for RLUSD Stablecoin Launch in Japan

Ripple and SBI Holdings, a Japanese financial firm, are launching RLUSD, a U.S. dollar-backed stablecoin, in Japan by early 2026. This partnership utilizes SBI VC Trade’s existing licenses to distribute the stablecoin across the country. The companies aim to capitalize on Japan’s growing interest in regulated digital assets and increased confidence in stablecoin adoption as evidenced by recent regulatory approvals.