By Marco Piccolo Key highlights: Ripple and SBI Holdings plan to launch the RLUSD stablecoin in Japan by Q1 2026, with SBI VC Trade acting as the distributor. RLUSD, backed 1:1 by U.S. dollar reserves, is designed to meet regulatory standards and institutional compliance. The move reflects Japan’s evolving stablecoin regulations and SBI’s expanding role […]
Tag: RLUSD
By Marco Piccolo Key highlights: Ripple will acquire Toronto-based stablecoin payments platform Rail for $200 million, with the deal expected to close in Q4 2025 pending regulatory approvals. The acquisition strengthens Ripple’s position in the stablecoin sector and will expand its capabilities with virtual accounts and streamlined payment infrastructure. The move comes amid a shifting […]
By Marco Piccolo Key highlights: NYSE Arca has certified the listing of ProShares Ultra XRP (UXRP), a leveraged ETF offering 2x exposure to XRP futures. The ETF is set to begin trading on July 18, although the timeline may still shift. Ripple is seeking an electronic money institution (EMI) license in Luxembourg to expand its […]