Ripple and SBI Holdings Announce Landmark Partnership to Introduce Ripple USD (RLUSD) Stablecoin to Japan

Ripple, a leading provider of enterprise blockchain and crypto solutions, has announced a strategic partnership with SBI Holdings, Inc., a premier Japanese financial services group, to introduce the Ripple USD (RLUSD) stablecoin to the Japanese market.

The launch is targeted for the first quarter of 2026 via SBI VC Trade Co., Ltd., the group’s regulated cryptocurrency exchange.

The RLUSD stablecoin is fully backed 1:1 by a reserve of high-quality assets, including US dollar deposits, short-term US government treasuries, and cash equivalents. Since its inception in December 2024, RLUSD has demonstrated significant market traction, achieving a market capitalization of $666 million.

“We are proud to partner with SBI, a pioneer in Japan’s digital asset ecosystem, to deliver a trusted and efficient stablecoin solution,” said a Ripple spokesperson. Tomohiko Kondo, President and CEO of SBI VC Trade, added, “This initiative is a pivotal advancement for enhancing market confidence and providing unparalleled convenience for our users.”