Ripple has announced a new partnership with Japanese financial giant SBI Holdings to bring its RLUSD stablecoin to Japan. The two companies have signed a memorandum of understanding, with the launch potentially set for Q1 2026.
This move is part of Ripple’s strategy to expand in countries with clearer crypto regulations and is seen by SBI as a way to accelerate the convergence of traditional finance and fintech. The collaboration is a continuation of a long-standing partnership and aligns with Japan’s broader efforts to strengthen its digital asset ecosystem, which includes plans for a yen-backed stablecoin.
Ripple plans to enter Japan’s stablecoin market with its RLUSD token, a move that is being enabled by the country’s new regulatory framework. Japan’s Payment Services Act amendment, with further revisions set for 2026, provides a licensing structure for entities like Ripple’s partner, SBI VC Trade, to handle foreign-issued stablecoins.
While a relatively small player in the global stablecoin market compared to larger competitors like USDC, Ripple emphasizes the regulatory compliance of RLUSD. According to SBI VC Trade CEO Tomohiko Kondo, the partnership will enhance the “reliability and convenience” of stablecoins in Japan, a country that is actively shaping its digital asset market.
Image Credit: Pixabay
Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.
