Ripple's RLUSD stablecoin goes live in Japan after regulatory approval
Japan's financial regulator cleared the U.S. dollar-backed token as a new category of payment instrument, letting SBI VC Trade offer it to institutions and retail. RLUSD remains small, at about $1.7 billion.

Ripple's RLUSD stablecoin has officially launched in Japan after receiving regulatory approval from the country's financial authorities. Japan's financial regulator cleared the U.S. dollar-backed token as a new category of payment instrument, allowing SBI VC Trade to offer it to both institutional and retail users.
The approval comes after Ripple demonstrated compliance with Japan's strict financial regulations, ensuring that the stablecoin is fully backed by U.S. dollars. As of now, RLUSD has a market capitalization of approximately $1.7 billion, which, while significant, is still relatively small compared to other major stablecoins like Tether or USD Coin.
This launch is a significant step for stablecoin adoption in Japan, providing users with a regulated and reliable digital asset for transactions. For everyday people, this means easier access to stablecoins for payments, trading, and other financial activities, all within a regulated framework that enhances security and trust.
While RLUSD is currently available through SBI VC Trade, Ripple may expand its availability to other platforms in the future. Users interested in using RLUSD should watch for further announcements regarding its integration with other financial services and exchanges. Read more → https://www.coindesk.com/markets/2026/06/25/ripple-s-rlusd-stablecoin-goes-live-in-japan-after-regulatory-approval