SBI VC Trade and Ripple Partner to Launch RLUSD Stablecoin in Japan

Key Facts

1SBI VC Trade signed an MOU with Ripple to support and distribute the RLUSD stablecoin in the Japanese market.

2The move aims to enhance the utility of RLUSD as part of SBI's financial ecosystem in Japan.

SBI VC Trade has signed a Memorandum of Understanding with Ripple to distribute the RLUSD stablecoin in Japan, as new blockchain activity highlights active exchange-level integration. Recent data shows that 150 million new RLUSD tokens were minted and traced to Gemini Exchange, following Gemini's redemption of 128 million tokens on the XRP Ledger. Alongside these operational moves, Ripple launched its 'Digital Asset Accounts' and 'Unified Treasury' features, supported by its planned acquisition of GTreasury. The integrated platform allows CFOs to manage XRP, RLUSD, and fiat currencies within a single dashboard, streamlining institutional treasury workflows. This follows CEO Brad Garlinghouse’s disclosure that Ripple Treasury processed $13 trillion in payments over the past year. The partnership leverages SBI’s network to facilitate domestic payments while providing enhanced scalability for global liquidity management.

5 months ago

Version History

22 additional sources confirmed this story

Version 85 months ago

What changed: Updated to include the minting of 150 million new RLUSD tokens and Gemini's direct involvement in the redemption and minting process.

Version 75 months ago

What changed: The story was updated to identify the underlying infrastructure of the new treasury system as being powered by the 2025 acquisition of GTreasury and to specify how the dashboard eliminates the need for separate wallet infrastructure.

Version 65 months ago

What changed: Added specific branding for features ('Digital Asset Accounts' and 'Unified Treasury') and clarified that the solution eliminates the need for external third-party custody services.

Version 55 months ago

What changed: The story was updated to include the official launch of Ripple's native on-chain Treasury dashboard, providing specific details on its ability to manage mixed portfolios of fiat, XRP, and RLUSD.

Version 45 months ago

What changed: Added information regarding Ripple Treasury processing $13 trillion in payment volume and the clarification that this volume was entirely non-crypto.

Version 35 months ago

What changed: The story was updated to specify the direct integration of digital asset accounts into core corporate treasury workflows, focusing on unified liquidity management.

Version 25 months ago

What changed: Ripple expanded its offering by launching Digital Asset Accounts and Unified Treasury features, allowing CFOs to manage XRP, RLUSD, and fiat currencies on a single platform.

Version 15 months ago

What changed: New audit data from Deloitte reveals that Ripple's RLUSD stablecoin is over-collateralized with $1.57 billion in reserves backing 1.41 billion tokens in circulation as of March 2026.