Ripple Partners with SBI Holdings to Promote Ripple USD (RLUSD) in Japan

BlockBeats News, August 22, Ripple announced today a new Memorandum of Understanding (MOU) with the Japanese financial group SBI Holdings and its subsidiary SBI VC Trade Co., Ltd. (a licensed electronic payment instrument trading service provider, hereinafter referred to as the "SBI Group"), planning to distribute Ripple USD (RLUSD) in Japan through SBI VC Trade.

RLUSD is a trustworthy enterprise-grade stablecoin designed with a strong emphasis on compliance and transparency. RLUSD undergoes monthly audits by a third-party accounting firm.