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Ripple's ecosystem is accelerating its Asian expansion as SBI Ripple Asia confirmed the completion of its token issuance platform on the XRP Ledger. This infrastructure enables organizations to issue regulated prepaid payment tokens in compliance with Japan's financial framework, functioning as a bridging layer to facilitate faster and more integrated digital asset transactions. This development complements the launch of XRP payments for 44 million Rakuten users and a partnership with South Korea's Kyobo Life for tokenized government bond settlements in an $800B market. To bolster security, Ripple Custody has integrated Figment and Securosys HSM, following pilots showing settlement costs 60% lower than SWIFT. Additionally, a former Ripple VP and SBI Holdings launched a $100M fund to scale regional XRP adoption ahead of South Korea's 2027 regulatory milestones.
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