Japan’s Regulator Just Cleared RLUSD For Institutions And Retail
The Japan Financial Services Agency approved RLUSD as a new category of electronic payment instrument under the country’s Payment Services Act, a classification built specifically for foreign-issued stablecoins meeting Japanese regulatory standards.
SBI VC Trade will offer RLUSD to both institutional and retail users through its VCTRADE platform, building on a Ripple-SBI relationship that dates back to 2016.
“Japan has long been a leader in digital asset adoption, underpinned by both regulatory clarity and financial innovation,” said Ripple Senior Vice President of Stablecoins Jack McDonald.
He added that RLUSD will serve as a bridge for payments, tokenization, and collateral management connecting Japanese businesses to global liquidity.
