Ripple's RLUSD stablecoin goes live in Japan after regulatory approval (opens original article in a new tab)

Ripple's RLUSD stablecoin received regulatory approval in Japan, allowing it to operate as an electronic payment instrument through SBI VC Trade's platform, despite remaining smaller than major stablecoins like USDT and USDC.

• Japan's Financial Services Agency approved Ripple's RLUSD as an electronic payment instrument
• RLUSD will be available on SBI VC Trade's VCTRADE platform to institutional and retail customers
• RLUSD has a $1.7 billion market value, much smaller than USDT and USDC