X @BSCN

Stablecoin Initiative - Ripple and SBI Holdings are set to introduce Ripple's dollar-backed stablecoin RLUSD in Japan via SBI VC Trade in Q1 2026 [1] - RLUSD, launched in late 2024, possesses a market capitalization of $666 million, backed by U S dollar deposits, Treasuries, and cash equivalents [1] - SBI VC Trade, operating under Japan's regulatory framework for electronic payment instruments, will manage the RLUSD rollout [1] - The initiative aims to bridge traditional finance and blockchain markets [2] Strategic Partnership & Regulatory Landscape - The collaboration deepens Ripple's two-decade alliance with SBI, coinciding with Japan's updated digital asset regulations [2] - CEO Tomohiko Kondo views the move as a significant advancement in the reliability and convenience of stablecoins within the Japanese market [2] - Ripple's Jack McDonald emphasizes the partnership's focus on delivering compliance, reliability, and institutional-grade trust in stablecoins [2] Future Plans - SBI is also planning a Bitcoin and XRP ETF, pending regulatory approval [3]