Ripple’s Dollar based Stablecoin, $RLUSD, Available in Japan

June 25, 2026 @ 8:39 am By JD Alois

Ripple shares that its dollar-based stablecoin $RLUSD is now available in Japan.

The company said that the Japanese Financial Services Agency has approved the stablecoin. Ripple partnered with SBI Group and VCTRADE to gain approval. Ripple has worked with SBI Group since 2016.

SBI Group is said to be Japan’s largest internet-based financial services group, providing crypto services. It was previously issued as a yen-based stablecoin.

Ripple said entry into Japan is a significant milestone in advancing regulated stablecoin adoption across Asia.

Jack McDonald, Senior Vice President of Stablecoins at Ripple, said that Japan has been a leader in digital asset innovation, and the approval is an important step, providing the stablecoin for consumers and businesses.

$RLUSD has a current market cap of around $1.6 billion.

Ripple is competing with Circle in the market, which has also partnered with SBI Group to offer its services.

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Nov 4, 2026 vs Jan 1, 2025 - Nov 4, 2025

Number of Filings134Prior 129 +3.9%

Target Raise, Total$3.45BPrior $3.59B -3.8%

	This YTD	Year prior	Change
Filings	134	129	+3.9%
Target raise	$3.45B	$3.59B	-3.8%

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Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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