Ripple And SBI Launch RLUSD Stablecoin In Japan After Regulatory Approval
Ripple’s dollar-backed RLUSD stablecoin is now available in Japan through SBI VC Trade, adding a regulated Asian market to Ripple’s stablecoin push.
The Defiant·
Abracadabra.money declared emergency measures after its MIM stablecoin fell roughly 50% below its $1 peg, triggering interest rate hikes across all Cauldrons, a halt to Curve bribes, and a suspension of direct incentives.
Read full articleRipple’s dollar-backed RLUSD stablecoin is now available in Japan through SBI VC Trade, adding a regulated Asian market to Ripple’s stablecoin push.
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RLUSD gains regulated access to Japan through JFSA approval and SBI VC Trade. Ripple expands stablecoin adoption in Asia with institutional and retail market access. RLUSD reaches Japan with a $1.7 billion market cap and enterprise-focused use cases. Japan has approved Ripple USD (RLUSD) for use in its regulated digital asset market, marking a major […] The post Ripple’s RLUSD Launches in Japan After Key Regulatory Approval appeared first on Live Bitcoin News.
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