Ripple has partnered with SBI Holdings and its subsidiary SBI VC Trade to launch the RLUSD stablecoin in Japan. The stablecoin, pegged to the US Dollar, aims to enhance digital payments and financial innovation by offering fast and efficient transactions. This initiative is expected to support international remittances, cross-border payments, and DeFi applications, improving payment efficiency and reducing transaction costs. The partnership will leverage SBI's regulatory expertise to facilitate the stablecoin's adoption, with its availability contingent on regulatory approvals and technical integration.