Ripple's RLUSD stablecoin launches in Japan
Ripple's RLUSD stablecoin is now available in Japan following approval from Japan's Financial Services Agency. The stablecoin can be circulated through 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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