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READ THE FINE PRINT.
Ripple's $RLUSD stablecoin just got officially approved in Japan, one of the strictest crypto markets on earth.
Sit with the irony for a second. Ripple's big win didn't even launch on Ripple's own blockchain. It went live on Ethereum, not the XRP Ledger.
And it came capped at around 6,200 dollars per transaction, retail sized money, while SBI rolled out its own yen stablecoin the very same day with no cap at all, aimed straight at institutions.
The homegrown coin got the institutional lane. Ripple's dollar coin got the kids table.
So much for the milestone.