Rakuten Wallet has announced a significant integration of XRP as a payment method, starting April 15, 2026. This move allows users to convert Rakuten Points into XRP and use them via Rakuten Pay, effectively integrating XRP into one of Japan's largest consumer platforms. With over 44 million Rakuten Pay users and 5 million merchant locations, XRP is poised to become a viable currency for everyday transactions.
The integration taps into Rakuten's extensive ecosystem, which includes over 100 million members globally and a loyalty system holding over 3 trillion points, valued at approximately $23 billion. This development has sparked excitement within the crypto community, highlighting XRP's expanding utility. However, questions remain about the nature of the partnership, as Ripple has not publicly acknowledged the move, with Rakuten clarifying it as an independent initiative.
Rakuten Wallet Integrates XRP for Payments Across 5 Million Merchants
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