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SBI and Ripple Join Forces to Bring RLUSD Stablecoin to Japan

Ripple is partnering with Japanese financial giant SBI Holdings to introduce its RLUSD stablecoin to the Japanese market by the first quarter of 2026. This collaboration is a significant move for both companies, expanding Ripple’s presence in regulated markets and solidifying SBI’s leadership in Japan’s crypto industry.

RLUSD is an enterprise-grade stablecoin designed for institutional use, backed by U.S. dollar deposits and government bonds. It aims to provide a compliant and reliable bridge between traditional finance and decentralized finance. The partnership will leverage SBI VC Trade, the first licensed entity in Japan to handle stablecoins, to distribute RLUSD.

This partnership is part of a broader, three-pronged crypto strategy for SBI Holdings. In addition to working with Ripple, SBI has also formed a joint venture with Circle to promote its USDC stablecoin in Japan and partnered with Startale Group to create a 24/7 on-chain trading platform for tokenized assets.

These initiatives highlight SBI’s comprehensive approach to digital assets, addressing key areas like stablecoin distribution and tokenized real-world assets. The company’s chairman and CEO, Yoshitaka Kitao, described these moves as a direct response to the “structural transformation” in global financial markets, signaling a strong institutional belief in the future of digital finance.

August 2025, Cryptoniteuae

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Vaibhavv Ali
Vaibhavv Ali

Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.

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