Ripple, one of the oldest players in the cryptocurrency market, has joined hands with SBI Holdings to launch and advertise Ripple’s stablecoin RLUSD in the fast-evolving crypto market of Japan.
The press release dated August 22, 2025, by Ripple notes that it intends to distribute RLUSD all across Japan with the help of SBI Holdings’ crypto subsidiary SBI VC Trade.
It is argued that the move came following the widening size of the global stablecoins market, which is now valued at nearly $300 billion and is seen as a trillion-dollar category in the near future.
Following this development, the Senior Vice President of Stablecoins with Ripple, McDonald, said, “ The partnership with SBI has always been about more than just technology; it’s about building a trusted and compliant financial future.”
Ripple’s collaboration with SBI VC Trade aims to make Ripple USD available in the Japanese market during Q1 2026.
RLUSD is gaining traction globally
Ripple USD was launched in December last year, following Approval from the New York Department of Financial Services.
According to the data from CoinMarketCap, RLUSD is priced at $0.9997; at the same time, the market capitalization was $666.55 million, the trading volume was $77.9 million, with a loss of 22.92%.
On CMC, RLUSD is ranked 102nd most prominent, and in the stablecoin category, it is the 8th most prominent stablecoin, making it bigger than TrueUSD, USDD, EURC, and Falcon USD.
Stablecoin market to hit $1T in market value soon
Over the last few months stablecoin market has grown to a new mark and is expected to reach the mark of $1 trillion in the near future. However, following the Genius Act and Stablecoins Ordinance, a wider path has been paved for stablecoin creation and circulation in the United States and Hong Kong.
It is worth noting that institutions’ involvement in stablecoin has peaked to new heights as it serves as one of the most convenient ways for cross-border payments.
In terms of market capitalization, Tether’s USDT stands at the top of the list, followed by USDC, USDe, Dai, USD1, FDUSD, and PYUSD. When writing, the trading volume of the stablecoin market is $142,766,628,788.
QGOLD stands at the top of the list in terms of trading price, it is now priced at $3,329, followed by AMAPT, which is trading at $4.41, ELDC is priced at $3.07, and FLX is at $2.19.
