DeFi Intel

Ripple's RLUSD stablecoin launches in Japan

Ripple’s RLUSD is now available in Japan after Japan’s Financial Services Agency approved it for circulation via the cryptocurrency exchange SBI VC Trade.

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Japan's FSA approved RLUSD for distribution through SBI VC Trade on June 25, initially on Ethereum, though transactions are capped at about 1 million yen (roughly $6,180) each.

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