Another positive development for Ripple–its RLUSD▲$1.00 stablecoin is now officially available to Japanese users. Yet XRP▼$1.03’s price hasn’t reacted with a rally.
Ripple has received approval from Japan’s Financial Services Agency and launched its dollar-pegged RLUSD stablecoin on SBI VC Trade, the crypto arm of financial conglomerate SBI Holdings. The token is available to both institutional and retail users.
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At the same time, SBI Group, together with Singapore-based Startale Group, unveiled JPYSC–Japan’s first trust-type yen-backed stablecoin. Against this backdrop, XRP is testing historically oversold levels on the weekly RSI, a pattern seen only once before–in 2022, ahead of a reversal.
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RLUSD in Japan: Regulatory Approval and SBI Integration
The Japanese regulator has classified RLUSD as a new type of electronic payment instrument under the Payment Services Act. This was made possible by Ripple’s partnership with SBI Holdings, which dates back to 2016. Ripple’s senior vice president of stablecoins, Jack McDonald, said RLUSD “will serve as a bridge for payments, tokenization, and collateral management, connecting Japanese businesses and individuals with global liquidity.“
The stablecoin is backed 1:1 by dollar deposits, short-term US Treasuries, and other cash equivalents. RLUSD’s market cap stands at about $1.6B, with a 24-hour trading volume of $116.7M. The launch came shortly after Japan’s new regulatory regime took effect on June 1, allowing foreign stablecoins to operate in the country as regulated payment instruments.
Read more: XRP Price Prediction 2026 — Is a Major Drop Coming for Ripple?
JPYSC: Japan’s First Trust Stablecoin With No Transaction Limit
Earlier we told that SBI Group launched JPYSC, a yen-backed stablecoin. The issuer is SBI Shinsei Trust Bank, with distribution handled by SBI VC Trade. The company says JPYSC is Japan’s first trust-type stablecoin, with reserves managed by a trust bank.
The key differentiator: JPYSC is not subject to the 1 million yen cap on transaction amounts and balances. That makes it suitable for both retail and institutional clients, particularly for large deals with lower fees. SBI plans to launch a lending service using the new stablecoin and is considering applications in FX trading, institutional lending, RWA tokenization settlements, and other financial scenarios.
JPYSC has also been granted electronic payment instrument status under Japan’s Payment Services Act. In the initial phase, access will be limited to SBI VC Trade users.
Read more: Not Just USDT and USDC — These Top 3 New Stablecoins Are Quietly Taking Over Crypto in 2026
What’s Happening With XRP Price on June 25
At the time of publication, XRP trades at $1.08, down nearly 2% on the day. Over longer timeframes, the picture is bleaker: the altcoin is down 7.5% over the past week and 20% over the past 30 days.
XRP’s weekly RSI has dropped into a zone the token has visited only once in its history–in 2022, when the price bottomed around $0.29.
XRP resistance levels remain in the $1.30-$1.40 range, with support around the psychological $1.00 mark.
Learn more: How to Pay with Stablecoins — Complete Guide for 2026
