Ripple Labs has announced plans to launch its stablecoin, Ripple RLUSD (RLUSD), in Japan through a partnership with SBI Group, a Japan-based financial services company. Both parties signed an agreement for SBI VC Trade, a licensed electronic payment provider, to roll out RLUSD in early 2026.
RLUSD adds to the trillions of stablecoin growth
As Ripple’s X account stated, the current market for stablecoins, at $300 billion, is expected to jump into the trillions with the launch of RLUSD in Japan. The leading crypto firm offers institutions and users a regulated, trusted, and fully-backed stablecoin mainly built for institutional and business purposes.
Countries supporting RLUSD
The New York Department of Financial Services of the United States granted a regulatory license for RLUSD in December 2024. The UAE, Japan, the European Union’s Luxembourg, Montenegro, Palau, and Bhutan have also served the stablecoin through Ripple’s pilot programs and partnerships.
Stablecoin adoption escalates as crypto regulations ease
Stablecoins are carving out their position in the digital asset industry to bridge the gap between crypto and traditional money. As these coins are pegged to stable assets like the US dollar, they offer a stable price in times of market volatility. Reports have shown that institutions, businesses, and even everyday users have been increasingly adopting stablecoins due to their stable nature.
The GENIUS Act for payment stablecoins in the US has brought more clarity to how these cryptocurrencies can operate within a regulatory framework. The act sets rules for issuers, protects consumer rights, and defines compliance standards, giving businesses and investors confidence and trust to adopt stablecoins
MetaMask launches mUSD
Leading crypto wallet, MetaMask, launched its native stablecoin, MetaMask USD ($mUSD) on Thursday, becoming the first self-custodial wallet to do so.
China considers yuan-backed stablecoins
Amid the surge in stablecoin launches, China is reportedly considering Yuan-backed stablecoins for the first time, aiming to boost the Yuan’s value internationally.
