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Ripple Partners with SBI to Launch RLUSD in Japan by 2026

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Ripple and SBI Holdings have announced plans to introduce Ripple USD (RLUSD) to Japan’s stablecoin market. The move highlights their long-standing partnership and comes as Japan opens its doors to regulated digital assets. Distribution of RLUSD will be managed by SBI VC Trade, a licensed subsidiary of SBI Holdings.

RLUSD to Launch in Early 2026

RLUSD is scheduled to debut in Japan during the first quarter of 2026. This timeline allows both Ripple and SBI to secure regulatory approvals, build distribution channels, and establish market trust before launch.

RLUSD launched in December 2024 as a U.S. dollar-backed stablecoin designed mainly for institutional use. Ripple backs each token one-to-one with U.S. dollar deposits, short-term government bonds, and cash equivalents. Independent third-party firms conduct monthly attestations to confirm that reserves fully support the circulating supply.

Ripple Strengthening Japan’s Financial Infrastructure

Executives from both companies emphasized the importance of this launch. Tomohiko Kondo, CEO of SBI VC Trade, said RLUSD will provide Japanese users with more stablecoin options while increasing trust and usability in digital finance. Ripple’s Senior Vice President of Stablecoins, Jack McDonald, highlighted that RLUSD aims to become an industry benchmark, acting as a reliable bridge between traditional finance and decentralized applications.

Ripple and SBI’s Proven Partnership in Digital Finance

Ripple and SBI’s collaboration is not new. Over the years, they have worked together to expand blockchain adoption across Asia. This strong foundation gives RLUSD an advantage over newer entrants in Japan’s competitive stablecoin market. Their combined expertise and regulatory compliance make RLUSD well-positioned for success.

Japan’s Growing Stablecoin Market

The launch comes at a critical moment for Japan. Recently, regulators approved the nation’s first yen-denominated stablecoin, signaling a clear shift toward acceptance of regulated digital currencies. This regulatory progress opens new opportunities for both domestic and international players.

By introducing RLUSD, Ripple and SBI are aligning with Japan’s forward-looking approach to digital assets. The stablecoin could play a major role in connecting traditional banking systems with decentralized finance, positioning Japan as a leader in regulated stablecoin adoption.

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