Ripple, in collaboration with Japanese financial institutions, has launched the JFIIP accelerator to enhance Web3 adoption. The initiative, spearheaded by the Japan Asia Web3 Alliance, Mizuho Bank, and SMBC Nikko Securities, provides $10,000 to local startups developing tools on the XRP Ledger. Key focus areas include payments, asset tokenization, and credit infrastructure, aiming to bridge traditional finance with Web3 advancements.