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Reece Merrick
@reece_merrick
Senior Executive Officer / Managing Director, Middle East & Africa @ripple. All views are my own
๊ฐ€์ž… September 2021
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Konnichiwa ๐Ÿ‡ฏ๐Ÿ‡ต @Ripple and @sbigroup have officially launched Ripple USD (RLUSD) in Japan! Following JFSA approval, RLUSD is now live for institutional and retail users on SBI VC Tradeโ€™s platform. This builds directly on our long-standing partnership and brings trusted, regulated USD stablecoin access to one of the most innovative markets.
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We're proud to announce that Ripple USD ($RLUSD) is now officially available in Japan, following approval from the Japan Financial Services Agency (JFSA): Through our partnership with SBI Group and @sbivc_official, $RLUSD will be accessible to both institutional and retail users via the VCTRADE platform, serving as a bridge for payments, tokenization, and collateral management. With $1.7 billion in market cap and a 10-year relationship with SBI, this is a significant milestone in advancing regulated stablecoin adoption across Asia.
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