CoinJie.com news: Ripple’s $1.7 billion RLUSD stablecoin has received approval in Japan and can be used as a new electronic payment method in Japan, offered to retail and institutional users via SBI VC Trade. This makes RLUSD the second dollar-backed stablecoin approved in Japan after Circle’s USDC, joining JPYS, a yen-based stablecoin, in entering Japan’s regulated market. In addition, Ripple also received preliminary MiCA approval in Luxembourg this week, further expanding its presence in the Japanese and European markets.

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RugpullTherapist
· 6h ago
A scale of 1.7 billion plus dual MiCA licenses—Ripple is clearly doing regulatory arbitrage well this time, and the pressure on JPYS is mounting.
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GateUser-5578154d
· 7h ago
RLUSD approved in Japan, adding another piece to the XRP ecosystem, SBI's move is steady.
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