#rlusd

[rwatimes]

XRP Is Down 50%—How Ripple’s $785M RLUSD Stablecoin Could Be Holding It Back

➤ XRP has experienced a 50% price decline despite Ripple's business expansion, including the growth of its $785 million RLUSD stablecoin. ➤ The article suggests that the increasing adoption of RLUSD on the XRP Ledger may be absorbing demand that would otherwise benefit XRP, as institutions prefer the stablecoin for settlement. ➤ While network activity is high, XRP's price performance remains weak, creating an unusual divergence that may only resolve if RLUSD adoption eventually drives demand for XRP itself.

[rwatimes]

Ripple’s RLUSD Launches in Japan After Key Regulatory Approval

Ripple launches RLUSD in Japan after JFSA approval, expanding regulated stablecoin access through SBI VC Trade.

➤ Ripple's RLUSD stablecoin has officially launched in Japan following approval from the Financial Services Agency (JFSA). ➤ The stablecoin will be accessible to both institutional and retail users through SBI VC Trade's VCTRADE platform, expanding Ripple's reach in Asia. ➤ RLUSD is positioned for use in payments, tokenization, and collateral management, building on Ripple's decade-long partnership with SBI Group.

[rwatimes]

XRP News: Japan Clears Ripple’s RLUSD for Retail and Institutional Users

Ripple’s RLUSD goes live in Japan after FSA approval, with SBI VC Trade offering access to retail and institutional users.

➤ Ripple's RLUSD stablecoin has received approval from Japan's Financial Services Agency (FSA) and is now available to retail and institutional users via SBI VC Trade. ➤ The RLUSD is a U.S. dollar-backed stablecoin designed for payments and settlement, and its launch in Japan signifies an expansion of Ripple's regulated stablecoin offerings in Asia. ➤ While RLUSD is growing, it still holds a significantly smaller market share compared to established stablecoins like Tether (USDT) and Circle's USDC.

[rwatimes]

Major Ripple (XRP) Adoption News for Users in Japan: Details

Meanwhile, RLUSD continues to rise in terms of usage and market cap, hitting $1.6 billion on CG.

➤ Ripple has received approval from the Japanese Financial Services Agency (JFSA) to launch its stablecoin, RLUSD, in Japan through a partnership with SBI Group. ➤ The JFSA has classified RLUSD as a new type of electronic payment instrument under the Payment Services Act, ensuring compliance with local regulations. ➤ RLUSD has seen significant adoption, reaching a $1.6 billion market cap, and will be accessible to both institutional and retail users in Japan via SBI VC Trade's VCTRADE platform.

[rwatimes]

Japan Approves Ripple’s RLUSD, a First for Foreign Stablecoins

Key Takeaways Ripple’s RLUSD stablecoin is now legally available in Japan via SBI VC Trade. It’s the first foreign stablecoin […] The post Japan Approves Ripple’s RLUSD, a First for Foreign Stablecoins appeared first on Coindoo.

➤ Ripple's RLUSD stablecoin has received approval from Japan's JFSA, marking the first foreign stablecoin to enter the Japanese market under a new regulatory framework. ➤ The stablecoin will be distributed through SBI VC Trade, a licensed platform, and is intended for use in payments, tokenization, and collateral management for both retail and institutional clients. ➤ This approval sets a precedent for other foreign stablecoin issuers seeking to enter Japan and highlights the country's rigorous yet structured approach to digital asset regulation.

[rwatimes]

Ripple And SBI Launch RLUSD Stablecoin In Japan After Regulatory Approval

Ripple’s dollar-backed RLUSD stablecoin is now available in Japan through SBI VC Trade, adding a regulated Asian market to Ripple’s stablecoin push.

➤ Ripple has launched its dollar-backed RLUSD stablecoin in Japan through a partnership with SBI VC Trade, following regulatory approval from the Financial Services Agency. ➤ This launch marks a significant step for Ripple into a regulated Asian market, aligning with Japan's cautious but clear framework for stablecoin issuance and consumer protection. ➤ The move is part of Ripple's broader strategy to expand its enterprise settlement and tokenization services beyond XRP, offering institutions a blockchain-based settlement product with reduced volatility.

[36crypto]

XRP Ledger Overtakes Ethereum as RLUSD Supply Reaches New Milestone

XRP Ledger overtook Ethereum in RLUSD supply following major Ethereum token redemptions. RLUSD climbed eighth globally with nearly $1.6 billion market capitalization and strong volume. Ripple maintained Ethereum and XRPL roles through its expanding multichain stablecoin strategy. Ripple’s USD stablecoin has reached a significant milestone as the XRP Ledger now holds more RLUSD than Ethereum for…

XRP Ledger Overtakes Ethereum as RLUSD Supply Reaches New Milestone

[rwatimes]

Ripple landed JPMorgan and SBI. XRP ignored it all

Ripple deals XRP price disconnect keeps widening as JPMorgan settlement, Deutsche Bank ties and SBI’s RLUSD launch fail to move the token.

➤ Ripple has secured significant institutional partnerships, including a tokenized Treasury settlement with JPMorgan and stablecoin launches in Japan with SBI, yet XRP's price remains stagnant. ➤ The disconnect is attributed to Ripple's institutional deals primarily utilizing its RLUSD stablecoin for settlement, with XRP only capturing minimal network fees, thus bypassing direct token demand. ➤ Despite XRP's regulatory clarity and ETF inflows, a persistent supply overhang from escrow releases and the stablecoin's growing utility create headwinds, suggesting that significant XRP price appreciation requires substantial, token-centric transaction volume and compounding fund inflows.