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Morning Edition · Thursday, June 25, 2026Published at 6:27 AM EDT · New York
Ripple's RLUSD Stablecoin Goes Live in Japan Under One of the World's Strictest Regimes
Japan's regulator cleared the dollar-backed token under a new category of payment instrument, opening institutional and retail distribution through SBI VC Trade.
Japan's Financial Services Agency approved Ripple's dollar-pegged stablecoin RLUSD as an electronic payment instrument under the country's Payment Services Act, CoinDesk reported. The clearance lets SBI VC Trade offer the token to instituti…
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Race to Bank and Distribute Stablecoin Reserves
Over 3-6 months, established financial and payments firms compete to custody stablecoin reserves and embed stablecoin rails into cross-border settlement, institutionalizing the plumbing beneath stablecoins.
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