4h ago
Ripple and SBI launch RLUSD in Japan after FSA approval
Ripple and SBI have launched Ripple USD (RLUSD) in Japan following regulatory approval, giving institutional and retail users access via SBI’s VCTRADE crypto exchange platform. The U.S. dollar-backed stablecoin is categorized in Japan as an electronic payment instrument under the Payment Services Act. RLUSD has reached a $1.7 billion market capitalization.