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Ripple's RLUSD stablecoin goes live in Japan after regulatory approval

Published Source: CoinDeskRead original

Japan's financial regulator cleared the U.S. dollar-backed token as a new category of payment instrument, letting SBI VC Trade offer it to institutions and retail. RLUSD remains small, at about $1.7 billion.

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Ripple's RLUSD stablecoin goes live in Japan after regulatory approval — Crypto Insight