Ripple collaborates with SBI Holdings to introduce Ripple USD (RLUSD) in Japan
Ripple has just signed a memorandum of understanding (MOU) with SBI Holdings and its subsidiary SBI VC Trade Co., Ltd. to implement the distribution of Ripple USD (RLUSD) in Japan through the SBI VC Trade platform.
RLUSD is introduced as an enterprise-grade stablecoin, ensuring compliance and transparency, and is audited monthly by independent accounting firms.