RLUSD Becomes Japan’s First Foreign-Issued Stablecoin

1 month ago 8

Rommie Analytics

Key Takeaways:

Ripple and SBI are officially launching the new enterprise in Japan with JFSA approval.
RLUSD becomes Japan’s first foreign-issued stablecoin classified as a Type 4 electronic payment instrument.
The launch will wholly enhance SBI VC’s retail and institutional customers’ access to regulated stablecoin offering.

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