XRP News Today: XRP Surges 8% After Ripple Partners With SBI for RLUSD Launch in Japan

XRP surged nearly 8% on Friday following Ripple’s announcement of a partnership with Japanese financial services firm SBI Holdings to begin distributing its stablecoin, Ripple USD (RLUSD), in Japan [1]. The collaboration aims to expand the adoption of RLUSD and aligns with Ripple’s broader strategy to enhance the utility of XRP within the Japanese fintech landscape [2]. SBI VC Trade, a crypto-focused subsidiary of SBI Holdings, will serve as the platform for RLUSD’s distribution in the country [2].

RLUSD, a fully backed dollar-pegged stablecoin, operates on the XRP Ledger (XRPL) and Ethereum blockchain [1]. Ripple emphasized that the partnership goes beyond technology, representing a shared vision to build a trusted and compliant financial future [2]. SBI VC Trade CEO Tomohiko Kondo highlighted that the introduction of RLUSD will expand stablecoin options in Japan and enhance the reliability and convenience of such digital assets in the region [2].

The rollout of RLUSD is scheduled for early 2026 [2], following months of regulatory discussions in Japan, which has been working to establish a clearer legal framework for digital assets and stablecoins [3]. This timeline indicates that the regulatory process is nearing completion, potentially setting a precedent for other jurisdictions seeking to integrate stablecoins into their financial systems [3].

The XRP price jump occurred in a single trading session, reflecting immediate investor confidence in the partnership and its potential to enhance the value proposition of XRP [1]. The move coincided with broader market optimism following dovish remarks from Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Symposium, where he hinted at the possibility of a rate cut at the central bank’s next policy meeting in September [1].

Technically, XRP has broken above the 50-day Simple Moving Average (SMA) and the 14-day Exponential Moving Average (EMA), currently testing the lower boundary of a symmetrical triangle pattern [1]. A move above the upper boundary could push XRP toward the $3.39 resistance level, potentially testing its all-time high if sustained [1]. The Relative Strength Index (RSI) is approaching its neutral level, indicating a possible shift toward a bullish stance [1]. A close below $2.78 would invalidate the bullish outlook and could send XRP toward the $2.60 support level, reinforced by the 100-day SMA [1].

This partnership marks a significant step in Ripple’s long-term strategy to expand its footprint in Asia, a region historically both supportive and cautious of crypto innovation [1]. By partnering with a major player like SBI, Ripple demonstrates its commitment to operating within regulatory boundaries while promoting digital asset adoption [1].

As the RLUSD launch date nears, the focus will shift to how the stablecoin integrates into Japan’s financial services and whether it gains traction among businesses and consumers [1]. Ripple’s ability to leverage its existing infrastructure and SBI’s market influence could determine the success of this initiative [2].

Source:

[1] FXStreet - https://www.fxstreet.com/cryptocurrencies/news/xrp-gains-8-as-ripple-partners-with-sbi-to-boost-rlusd-adoption-japan-202508222300

[2] CryptoSlate - https://cryptoslate.com/ripples-rlusd-stablecoin-to-enter-japanese-market-by-2026/

[3] The Economic Times - https://m.economictimes.com/crypto-news-today-live-22-aug-2025/liveblog/123439323.cms