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Ripple’s RLUSD Wins Japan Approval for SBI VC Trade Launch

2026-06-25 05:15:53

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Japan’s Financial Services Agency approved Ripple’s RLUSD, which Ripple said has about $1.7 billion in market value, as an electronic payment instrument under the Payment Services Act. SBI VC Trade will offer RLUSD to institutional and retail customers in Japan through the VCTRADE platform. Ripple said RLUSD remains far smaller than USDT at about $186 billion and USDC at about $74 billion.

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