RLUSD Emerges as Japan's First Regulated Stablecoin, Japanese Institutions Hold $59B Worth of XRP

According to crypto researcher BankXRP, SBI VC Trade officially listed RLUSD as Japan's first regulated U.S. dollar stablecoin today (June 24, 2026) under the country's Fourth Electronic Payment Method framework. The approval enables banks, fintech firms, and corporations to use RLUSD for compliant cross-border payments, remittances, and trade settlements within Ripple's ecosystem.

Market analyst Diana noted that Japanese institutions reportedly hold approximately $59 billion worth of XRP, more than 450 times larger than the country's $131 million pension fund exposure, underscoring Japan's significant commitment to Ripple's digital asset ecosystem.