Ripple's RLUSD Stablecoin Launches in Japan Following Regulatory Approval
CoinDesk · Altcoin
Japan's financial regulator has approved Ripple's U.S. dollar-backed stablecoin, RLUSD, as a new payment instrument. This enables SBI VC Trade to offer the token to institutions and retail clients; RLUSD's market cap is approximately $1.7 billion.